Who owns Cristal?
Cristal, a drinks brand from Madagascar, 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 › Bottled water
- Last verified
- · 1 sources
About Cristal
Cristal is the sparkling water STAR sells in Madagascar, offered in 30cl and 100cl glass bottles and a 150cl PET bottle and presented simply as a carbonated water for the table. It is the smaller of the company's two water lines beside the still spring water Eau Vive, and reflects a portfolio in which the brewer covers beer, premix, soft drinks, energy drinks and water from the same distribution network.
Ownership timeline of Cristal
Where Cristal 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 bottled water, and who owns them
The 123 brands in bottled water on Brandtree belong to 74 owners. The largest is Spadel, with 5; STAR has 2.
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.
🇲🇬 Cristal 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 Cristal?
The parent company of Cristal is STAR, a privately held company headquartered in Madagascar.
Is Cristal Malagasy?
Yes. Cristal originated in Madagascar and its owner, STAR, is also headquartered in Madagascar.
Is Cristal still owned by STAR?
Yes. As of 21 September 2026, Cristal 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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