|Type||Public limited company|
|Predecessor||Stellenbosch Farmers' Winery |
|Founded||4 December 2000through Merger|
|Founder||William Charles Winshaw |
Distillers Corp's Founder
|Defunct||April 26, 2023|
|Headquarters||Stellenbosch, South Africa|
|Richard Rushton - CEO|
|Revenue||ZAR 17.7 Billion (2014) The shareholding as at 31 March 2014 is shown below:|
|ZAR 1.5 Billion|
|Total assets||ZAR 15.9 Billion (2014)|
Number of employees
After that, its operations were integrated into Heineken Beverages, a company created by the merger of its South African unit, Distel, and another African brewery acquired by the Dutch multinational Namibia Breweries.
As at February 2014, Distell had 5,300 employees worldwide and an annual turnover of ZAR 17.7 Billion.
Distell Group Limited traces its roots to two major alcoholic beverage companies in South Africa, Stellenbosch Farmers' Winery (SFW) and Distillers Corporation, that merged on 4 December 2000.
Stellenbosch Farmers' Winery
Stellenbosch Farmers Winery Group (SFW) the founder member of Distell Group was formed in 1925 by William Charles Winshaw, an American medical doctor. As at the year 2000, SFW produced and distributed wine and spirits as well as non-alcoholic beverages through retail outlets South Africa and across the world.
In 1956 Stellenbosch Farmers Winery Ltd was listed on the Johannesburg Stock Exchange.
Distillers Corporation was formed in 1945 by Anton Rupert. Distillers expanded energetically and very quickly set up marketing relationships and partnerships in the wine and spirits industry. The company became a major producer, focusing on distillates and in particular on the brandy market that it developed from relative obscurity to its current level of prominence. It is renowned for its Bergkelder concept, a marketing innovation that invited wine estates to make use of Distillers' bottling, sales and marketing expertise. In addition, it created a new African icon, Amarula Cream, which is one of the top-selling cream liqueurs in the world.
Distillers Corporation was also listed on the JSE.
On 20 September 2000, Distillers' Corporation and Stellenbosch Farmers Winery directors announced the merger of the two firms. The merger was made possible because both firms had a similar shareholding structure i.e.
- Remgro-KWV Investments – 60% of Distillers' Corporation and a similar stake in SFW.
- Other Beverages Industries (Pty) Ltd – 30% of Distillers' Corporation and a similar stake in SFW. Other Beverage Interests Proprietary Limited is a wholly owned subsidiary of SABMiller.
- Public via The JSE – 10%
This structure allowed the merger not to have any diluting effect on the lead shareholders' effective interest in the merged entity.
On 15 November 2021, Heineken announced a plan to buy Distell Group, in order to become the market-leading alcoholic beverage supplier in South Africa. The takeovers would be the first major deal for Heineken’s CEO and chairman of the executive board Dolf van den Brink, who took charge at Heineken in June 2020. The acquisition was completed in 2023
|Rank||Name of Owner||Percentage Ownership|
|1||Remgro-Capevin Investments Proprietary Limited||53.00|
|2||Other Beverage Interests Proprietary Limited||26.50|
|3||Others via the JSE||20.50|
- Remgro-Capevin Investments Proprietary Limited is a joint venture between Remgro Limited and Capevin Holdings. Each company has a 50% stake in the joint venture.
- Capevin Holdings is a JSE listed firm whose sole investment as at 30 June 2014 was an effective interest of 26.5% in the issued share capital of Distell Group Limited, held via its 50% interest in Remgro-Capevin Investments Proprietary Limited.
- Remgro Limited holds 15.6% shareholding in Capevin Holdings. That gives Remgro Limited 30.65% indirect control in Distell Group Limited.
Distell's major brands include:
- Klipdrift Export
- Oude Meester VSOB
- Richelieu XO
- Gordon's Gin (exclusive rights for South Africa)
- Oude Meester Peppermint & Ginger Liqueurs
- Flight of the Fish Eagle
- Klipdrift Premium
- Van Ryn’s 10, 12, 15 and 20 year old collection
- Oude Meester Reserve
- Klipdrift Gold
- Nederburg Potstill Solera Brandy
- Collison's White Gold
- Richelieu 10
- Bain's Cape Mountain Whisky
- Black Bottle blended Scotch whisky
- Bunnahabhain Islay single malt Scotch whisky
- Deanston single malt Scotch whisky
- Ledaig single malt Scotch whisky
- Scottish Leader
- Three Ships
- Tobermory single malt Scotch whisky
- Seven Seas
- Amarula Gold
- 4th Street
- 5th Avenue
- Cellar Cask
- Chateau Libertas
- Grand Mousseux
- JC Le Roux
- Peche Royale
- Two Oceans
- Castle Brand
- Delgado Supremo
- Autumn Harvest Crackling
- Oom Tas
- Paarle Perle
- Ship Sherry
- Sedgwicks Old Brown
- Taverna Rouge
- Witzenberg Stein
- Durbanville Hills
- Flat Roof Manor
- Fleur du Cap
- Hill & Dale
- Place in the Sun
- Plaisir de Merle
- RED ESCape
Cider and ready to drink
- Hunters Dry
- Hunter Gold
- Savanna Dry
- Savanna Light
- Savanna Loco
- Hunters Extreme
- Klipdrift & Cola
- Hunters Edge
- 4th Street
- William Charles Winshaw
- Stellenbosch Farmers' Winery v Distillers Corporation
- South African wine
- List of wineries in South Africa
- JSE Limited
- Brownlee, Julie (30 April 2014). "About the company: Distell Group Ltd [JSE:DST]". FSP Invest. Retrieved 2 November 2014.
- "Distell Group 2014 Annual Report" (PDF). Distell Group Limited. 31 March 2014. Retrieved 3 November 2014.
- "HEINEKEN successfully completes acquisition of Distell and Namibia Breweries to create HEINEKEN Beverages". Heineken N.V. Retrieved 24 July 2023.
- "Our Profile". Heineken Beverages. Retrieved 24 July 2023.
- "Distell Contacts". Distell Group Limited. Retrieved 2 November 2014.
- Cassie du Plessis, Henry Hopkins (1 May 2011). "JSE listing for Distell". WineLand. Archived from the original on 2 November 2014. Retrieved 2 November 2014.
- "Distell History". Distell Group Limited. Retrieved 3 November 2014.
- "Stellenbosch Farmers Winery Group Ltd". Bloomberg LLP. Retrieved 3 November 2014.
- "Modern day History Timeline of Stellenbosch". ShowMe™. Retrieved 3 November 2014.
- "Case No: 08/LM/Feb02 - Merger between Distillers Corporation (SA) Limited and Stellenbosch Farmers Winery Group Ltd" (PDF). Competition Tribunal, Republic of South Africa. 13 March 2003. Retrieved 3 November 2011.
- "Remgro Group 2001 Annual Report" (PDF). Remgro Group. 31 March 2001. Retrieved 3 November 2014.
- Kirkby, Arnold (5 December 2000). "SOUTH AFRICA: Distillers' Corporation + Stellenbosch Farmers Winery = Distell". just-drinks.com. Aroq Limited. Retrieved 3 November 2014.
- BBC News
- Mickle, Tripp (28 September 2016). "SABMiller, AB InBev Shareholders Approve $100 Billion-Plus Merger". Wall Street Journal. ISSN 0099-9660. Retrieved 29 September 2016.
- Bonorchis, Renee; Loni, Prinsloo (15 December 2016). "AB InBev to Sell Stake in Distell to South African Fund PIC". Bloomberg Businessweek. Bloomberg L.P. Retrieved 22 December 2016.
- Philip Blenkinsop and Promit Mukherjee, Heineken to buy South Africa's Distell and Namibian Breweries at: Reuters
- "Heineken completes Distell and Namibia Breweries acquisition". 27 April 2023.
- "Distell Group 2015 Annual Report" (PDF). Distell Group Limited. 30 June 2015. Retrieved 13 January 2016.
- "Capevin Holdings Limited 2014 Annual Report" (PDF). Capevin Holdings Limited. 30 June 2014. Retrieved 3 November 2014.
- "Distell Group Brands". Distell Group Limited. Retrieved 2 November 2014.