Kasapreko PLC, the Ghanaian beverage manufacturer best known for its flagship Alomo Bitters brand, has launched an initial public offering (IPO) of up to 583,333,333 ordinary shares at GH¢1.20 per share, seeking to raise as much as GH¢700 million ahead of its listing on the main market of the Ghana Stock Exchange (GSE). The offer opened on May 4, 2026, and will close on June 1, 2026.

Founded in 1989 by Dr Kwabena Adjei, Kasapreko has evolved from a small alcoholic beverage producer into one of Ghana’s leading indigenous manufacturing companies, with a portfolio that includes bitters, whisky, gin, carbonated soft drinks, and bottled water. The company operates production facilities in Accra, Tema, and Kumasi and has built a strong presence in both domestic and regional markets through sustained investment, product innovation, and a deep understanding of consumer demand.

The IPO marks a major step in Kasapreko’s expansion strategy as the company seeks capital to support the construction of a new production facility at Adeiso in the Eastern Region. The plant is expected to increase capacity in its bottled water and carbonated soft drinks segments, two of the fastest-growing areas of Ghana’s beverage industry. By turning to the capital market, Kasapreko aims to finance its expansion while broadening public participation in the company’s future growth.

Under the terms of the offer, investors are required to subscribe to a minimum of 2,000 shares valued at GH¢2,400, with additional purchases to be made in multiples of 1,000 shares thereafter. The share price, according to the company, was determined through a valuation process based on financial performance and comparable market indicators.

The IPO is jointly managed by Absa Bank Ghana Limited, Consolidated Bank Ghana Limited, and Databank Brokerage Limited, with Databank also serving as the sponsoring broker for the transaction. Prospective buyers are advised to read the IPO Prospectus carefully before making any investment decision. For more information on the offer, application process and access to the prospectus, visit www.kasapreko.com.

As Kasapreko advances its long-term growth strategy, the public offer presents investors with an opportunity to acquire a stake in one of Ghana’s most recognised homegrown brands. After more than three decades in the beverage industry, the company is positioning itself for a new phase of expansion while strengthening its presence within Ghana’s capital market.