"Kotayk" Brewery being part of "Multi Group" Concern is the successor of the Abovyan Brewery, which was founded last century in the 70s and became one of the leading manufacturing companies in the Soviet Armenia. Due to Czech equipment and technologies, the factory successfully manufactures products using domestic and imported raw materials. The factory been exploited in January 1978, occupying an area of 6.5 hectares, which was selected considering the high quality of the water flowing from Katnaghbyur.

In 1995 the factory decided to create the Open Joint Stock Company Mr. headed by Gagik Tsarukyan. During this time the factory created a new beers "Artsakh" and "Kotayk".
In 1996 by Mr. Tsarukyan's decision was established a joint venture with French "Castel" Company, which is internationally recognized as a manufacturer of beer, especially in Africa.
The quality of "Kotayk" Brewery products is controlled with perfectly equipped laboratory of the factory.

In 2011 Mr. Tsarukyan bought all bonds of "Kotayk" Brewery and became the sole owner of the company.