Awash Wine Share Company

Company Name: Awash Wine Share Company
Geography: Ethiopia
Sector: Consumer Goods
Investment Type: Buyout
Year: 2013 Q3
Awash Wine Share Company logo

In July 2013, a partnership led by 8 Miles acquired a 100% interest in Awash Wine Share Company (Awash) from the Ethiopian Privatization and Public Enterprises Supervising Agency. Established in 1944, Awash was the monopoly wine manufacturer in Ethiopia, with over 500 employees. Awash produces and sells wines to hotels, restaurants, bars and supermarkets across Ethiopia. Its brands such as Awash, Gouder, Axumit and Kemila are household names in Ethiopia. The company has a fully integrated operation, with two wineries in Addis Ababa and a 520 hectare farm outside Addis Ababa.