Who owns Caprice?
Caprice is owned by STAR (Madagascar).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: STAR — Notre histoire, STAR Madagascar. Last checked .
Key facts
- Current owner
- Brasseries STAR Madagascar reported
- Owner HQ
- 🇲🇬 Madagascar, Antananarivo
- Origin
- 🇲🇬 Madagascar
- Category
- Beverages › Soft drinks › Other carbonated soft drinks
- Last verified
- · 1 sources
About Caprice
Caprice is STAR's sweet carbonated soft drink brand, sold in several flavours including grenadine, pineapple, orange, apple and bonbon anglais, the last of them a flavour that barely exists outside the Indian Ocean. The company markets it as a Malagasy love mark that returns drinkers to the sweet moments of childhood, and it is the mainstay of the soft drinks business STAR began producing at Andraharo in 1997.
Ownership timeline of Caprice
Where Caprice sits in STAR
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full STAR ownership tree →
See the full STAR brand portfolio (9) →
Other brands owned by STAR
STAR controls 9 brands on Brandtree, 9 of them in beverages.
Also in beverages
Other brands in other carbonated soft drinks, and who owns them
The 80 brands in other carbonated soft drinks on Brandtree belong to 47 owners. The largest is PepsiCo, with 4; STAR has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Hamoud La Blanche | Hamoud Boualem | 🇩🇿 Algeria |
| 7UP (United States) | Keurig Dr Pepper | 🇺🇸 United States |
| 7UP | PepsiCo | 🇺🇸 United States |
| Colombiana | Postobón | 🇨🇴 Colombia |
| Faxe Kondi | Royal Unibrew | 🇩🇰 Denmark |
| Fanta | Coca-Cola | 🇺🇸 United States |
| Hi-Malt | Heineken | 🇳🇱 Netherlands |
| Jones Soda | Jones Soda | 🇺🇸 United States |
About the owner: STAR
STAR is a privately held company headquartered in Antananarivo, Madagascar, founded in 1953. Brandtree records 9 brands under its control.
STAR is the dominant drinks producer in Madagascar, founded in 1953 and describing itself as proudly Malagasy ever since. Its own history dates the arrival of each of its products: Three Horses Beer in 1958, the spring water Eau Vive in 1970, a malthouse in 1976, soft drinks production at Andraharo in 1997, PET bottles in 2004 and an energy drink in 2012. It took its present name in 1980, became a fully independent public limited company at privatisation in 1989, and has been affiliated to the French drinks group Castel since 2011. Castel counts the Malagasy business as five production plants, eighteen brands, twenty thousand points of sale, twenty thousand local farmers and two million bottles moved a day.
🇲🇬 Caprice and other Malagasy brands
Brandtree records a controlling owner for 10 brands that began in Madagascar. All of them are controlled from Madagascar.
- Madagascar Airlines — Madagascar Airlines 🇲🇬
Frequently asked questions
Who is the parent company of Caprice?
The parent company of Caprice is STAR, a privately held company headquartered in Madagascar.
Is Caprice Malagasy?
Yes. Caprice originated in Madagascar and its owner, STAR, is also headquartered in Madagascar.
Is Caprice still owned by STAR?
Yes. As of 21 September 2026, Caprice is still owned by STAR. 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] STAR — Notre histoire — STAR Madagascar, Official document; retrieved 21 September 2026.
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