Distell to consolidate core wine brands, offload some assets to balance books

SOUTH AFRICA – Distell has announced that it will consolidate its core wine brands and capabilities to focus on growth in mainstream and accessible premium segments and offload its struggling wine farms in a bid to improve financial performance. The company is one of Africa’s leading producers of spirits, wines, ciders and “ready-to-drinks” (RTDs) as well as the world’s second-biggest producer of ciders. Some of its top brands include Amarula, Hunter’s, Savanna, 4th Street, Klipdrift, Nederburg, Richelieu, Viceroy, and J.C. Le Roux. In the six months ended December 31 2019,…

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Distell to start producing sanitizers in efforts to fight spread of coronavirus

SOUTH AFRICA – Distell, South Africa’s producer and marketer of wines, ciders, spirit and ready-to-drinks (RTDs) has announced that it will begin producing hand sanitizers and other hygienic products at its production facilities as part of its efforts to help curb the spread of the coronavirus (COVID-19) pandemic. “Our priority as Distell – right now and always – is the safety and well-being of our employees, our stakeholders and society at large. We are determined to support our government in its bid to halt the current rapid spread of COVID-19 and…

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Wine and Spirit group Distell reports fall in sales volume as competition stiffens

SOUTH AFRICA – Distell, South Africa’s wine and spirit producer reported a 6.6% fall in volumes in its half year to end December, with profit falling 1.2% to R1.26bn (US$81.6m). Group revenues were up 2.7% to R14.8 billion (US$958.95m) thanks largely to double digit revenue growth outside of South Africa, but this did not keep pace with cost growth of 3.6%. Distell’s revenues in its home market SA grew 1.7% despite volumes falling 7.8%, with the group saying its due to SA’s weak economy and declining disposable income for consumers…

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South African retail giants sign the first plastics pact in Africa

SOUTH AFRICA – The South African (SA) Plastic Pact, a collaborative platform aimed to tackle plastic waste and pollution has been launched developed by the World Wide Fund for Nature (WWF-SA) in partnership with the South African Plastics Recycling Organisation (SAPRO) and the UK’s WRAP. The SA Plastics Pact will be managed and delivered by GreenCape, with the founding members committed to a series of ambitious targets for 2025 to prevent plastics from becoming waste or pollution. GreenCape is recognised as a trusted centre of expertise for the green economy…

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Musgrave teams up with Distell to launch premium crafted brandies

SOUTH AFRICA – Musgrave Crafted Spirits, South African based Gin producers in partnership with Distell, wine and spirit producer have launched two new premium craft spirits, Musgrave Copper Vanilla and Musgrave Copper Black Honey entering the brandy category. Musgrave Crafted Spirits founder Simone Musgrave, explains her decision to enter the premium brandy category, “Building Musgrave Crafted Spirits means not only disrupting traditional categories, but also aligning with the best in the business.’’ ‘’We were approached by the SA Brandy Foundation who are driving innovation and transformation in the premium brandy…

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Anheuser-Busch InBev and SABMiller breaching merger conditions – says Distell

SOUTH AFRICA – Distell, South Africa’s wine and spirit producer is accusing the entity formed from the 2016 merger of the world’s largest beer companies Anheuser-Busch InBev and SABMiller of breaching merger conditions. Distell approached the Competition Tribunal claiming that the merged entity removed competitors’ advertising material from retail outlets, among others, reports Reuters. However, the Competition Commission has maintained that there is no breach of the merger conditions and that the complaints “have no merit and should be dismissed,” the tribunal added. In response SABMiller argues that Distell’s complaint…

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Economic hardships swing South Africa’s Distell into US$52.15m write downs

SOUTH AFRICA – Distell, a South African based beverage manufacturer, has said that economic challenges in Angola and Zimbabwe have pushed the company into combined write-downs of US$ 52.15 million (R790.1m). The maker of Amarula, Savanna and Hunter’s Dry brands, has written down its investments in Angola by US$34.59 million (R524m) in addition to a credit loss provision of US$17.57 million (R266.1m) in Zimbabwe. The beverages firm noted that the devaluation of about 50% of the Angolan kwanza and its impact on the Angolan economy had negatively affected the earnings…

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Nigerbev Limited launches new cream liqueur to grow market share

NIGERIA – Nigerbev Limited, makers of Best Global Brands (BGB) spirits in Nigeria has launched a new premium cream liqueur -Best Honey Cream Liqueur – in the market The beverage manufacturer said: “Best alcohol premium beverage aims to satisfy the taste buds of our esteemed customers and consistent with our pledge to provide Best products and exciting choices at all times. We have recently introduced a new variant called Best Honey Cream Liqueur made from soothing and comforting honey flavor which can be served chilled or with ice,” a statement…

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KWAL to invest US$30m in new manufacturing facility to expand operations

KENYA – Kenya Wine Agencies Limited (KWAL), leading wines and spirits manufacturer in Kenya, has unveiled plans of investing more than US$30 million (Ksh 3 billion) in a new state-of-the-art production plant. The investment is part of the company’s expansion plan as it seeks to consolidate its market share in the region’s alcoholic beverage market. Speaking while commemorating the company’s 50 years of presence in Kenya, Ms. Lina Githuka, KWAL Managing Director, unveiled that the facility will be located in Tatu City with plans of breaking ground in 2020. “Our…

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KWAL unveils new ciders production line to grow market share

KENYA – The Kenya Wines Agency Limited (KWAL) has launched a new production line for the local manufacture of ciders as it seeks to expand into the growing alcoholic beverage sector in the country. The launch, which comes at a time when the firm is celebrating 50 years in the alcohol manufacturing business, will initially major in production of the ‘Hunters Gold’ cider. “As we celebrate 50 years of being in business, our focus is on business expansion as well as growth in market share across all the products in…

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