The chief executive of Castel Group, a major African beverage and brewing conglomerate, has stated that he holds the backing of a majority of the founding family, according to a report by Le Figaro. The statement comes as his position is reportedly under threat, with internal disagreements over the company's direction becoming public.
Le Figaro reports that the CEO's claim of support is being challenged by some family members. Several outlets, including Sud Ouest and newsducamer.com, indicate that three members of the Castel family—Romy, Alain, and Philippe—have publicly contested the notion that a majority of the family's four branches support the current management. Matin Libre adds that the family has moved to distance itself from Romy Castel specifically, suggesting a split within the ranks.
The dispute has also drawn attention from outside the family circle. Africtelegraph reports that a high court in Singapore has taken steps to block managers associated with the Castel Group, a development that adds a legal dimension to the ongoing corporate turmoil. The exact nature of the court's action and its connection to the family feud remain unclear based on available reporting.
The situation highlights growing tensions over who should control the group, which operates across numerous African markets. The conflicting claims between the CEO and dissenting family members point to a broader struggle for influence, with no immediate resolution in sight.
Observers will be watching whether the Singapore court ruling influences the balance of power within the family and whether the CEO can maintain his position amid the mounting public disagreement.
