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Home » News » Billionaire Humphrey Kariuki’s liquor business put under administration
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Billionaire Humphrey Kariuki’s liquor business put under administration

Last updated: June 22, 2025 12:14 pm
David Osoro 12 months ago
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Africa Spirits Limited (ASL), the alcoholic beverage company owned by renowned businessman Humphrey Kariuki, has been officially placed under administration following prolonged financial distress and operational challenges.

In a public notice issued on Friday, June 21, Peter Kahi of PKF Consulting (K) Limited was named the administrator of ASL, effective from June 17, 2025.

“NOTICE is hereby given that Peter Kahi of PKF Consulting (K) Limited, Kalamu House, Grevillea Grove, Westlands and P.O. Box 14077-00800 Nairobi was appointed as the Administrator of Africa Spirits Limited (Under Administration) on 17 June 2025,” the notice stated.

With the appointment, all powers over ASL’s assets and business operations have been transferred to the administrator. As a result, the company’s directors, shareholders, and employees no longer have the authority to make decisions or conduct transactions on behalf of the firm without written consent from the administrator.

“Moving forward, all matters, operational or otherwise, pertaining to the affairs of the company should be directed to the administrator or his authorised representatives,” the notice added.

Kahi has now urged all creditors to submit details of their claims by July 18, 2025, as part of efforts to streamline the recovery process. Stakeholders with inquiries have been directed to reach out to PKF Consulting’s offices in Westlands, Nairobi.

ASL, once a dominant player in the liquor manufacturing sector, has faced numerous legal and regulatory hurdles in recent years.

The company’s financial struggles have worsened over time, ultimately leading to its placement under administration—a move seen as a last-ditch effort to salvage its remaining assets and explore possible restructuring options.

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