Brandtree

Who owns Artsakh?

Artsakh is owned by Multi Group (Armenia).[1]

This ownership is reported in official statements but has not yet been matched to a regulatory filing.

Key facts

Current owner
"Multi Group" Concern reported
Owned since
Not recorded
Previous owner
None recorded
Owner HQ
🇦🇲 Armenia, Yerevan · browse countries
Origin
🇦🇲 Armenia · browse countries
Founded
1995
Category
BeveragesBeerLager
Last verified
· 1 sources

About Artsakh

Artsakh is the second beer created at Multi Group's Kotayk Brewery during the mid-1990s reorganisation, launched alongside the Kotayk brand itself. It is brewed at the same Abovyan plant, on the Czech equipment installed there, using the Katnaghbyur spring water the site was chosen for and a combination of local and imported raw materials, with quality controlled in the brewery's own laboratory. In 1996 the brewery formed a joint venture with the French group Castel, internationally known as a brewer particularly in Africa; Tsarukyan bought the company out entirely in 2011.

Ownership timeline of Artsakh

Owners of Artsakh over 1995 to 2026 Multi Group start not recorded–present Multi Group (start not recorded) 1995200020052010201520202025
  1. ? – present Multi Group [1] reported

Where Artsakh sits in Multi Group

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Artsakh sits in Multi Group Tree of 6 brands under Multi Group. Multi Group Artsakh Gorna Bania Kotayk Multi Rest House Noy Serdika

Open the full Multi Group ownership tree →

Other brands owned by Multi Group in beverages

See the full Multi Group brand portfolio (6) →

Latest news about Artsakh

No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.

Headlines link to the original publisher. Brandtree does not reproduce article text.

Frequently asked questions

Who is the parent company of Artsakh?

The parent company of Artsakh is Multi Group, a privately held company headquartered in Armenia.

Is Artsakh Armenian?

Yes. Artsakh originated in Armenia in 1995 and its owner, Multi Group, is also headquartered in Armenia.

Is Artsakh still owned by Multi Group?

Yes. As of 20 September 2026, Artsakh is still owned by Multi Group. The ownership record was last checked against primary sources on that date.

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] "Multi Group" Concern — Companies — "Multi Group" Concern, Official document; retrieved 20 September 2026.

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