Phoenix Beverages Limited (MUSE:MBL.N0000) acquired remaining 24% stake in The Glass Gallery Ltd for MUR 0.44 million.

Phoenix Beverages Limited is one of the Mauritian largest beverage producers and distributors. The group's activity is organized around three families of products: - non-alcoholic beverages: carbonated beverages and flavored beverages (Coca-Cola, Fanta, Sprite, Schweppes, Orangina, Eski, Pearona, Cidona and Sega brands) and bottled water (Crystal, Crystal, Edena, Bagatelle and Volcanik); - brewery products: beer (Guinness, Phoenix, Blue Marlin, Speciale Phoenix, Gister, Manawa and Stella brands), malted beverage (Malta Guinness), cider (Phoenix Cider) and ready-to-drink beverage (Fuze Tea, 5Alive Pulpy and Citro); - wine and spirits: wine, champagne, vodka, liqueur, whisky, etc. At the end of June 2022, the group had 4 production sites located in Mauritius (3) and Reunion Island. Mauritius accounts for 82% of net sales.