S AFRICA: DGB appoints former Diageo man as MD

By | 29 February 2008

DGB has announced a change of managing director.

The South African wine company, which owns the Bellingham and Boschendal wine brands, said today (29 February) that Colin Smith will assume the position, after spells with Cadbury Schweppes and Diageo.

Current CEO, Tim Hutchinson, will become executive chairman, giving him more time to focus on "our off-shore companies, potential acquisitions, global alliances and the growth and development of both the local and international business", the company said.

Speaking to just-drinks today, Hutchinson said: "If we look at the Australian companies which made it big in the US, they did it themselves and did not have middlemen, which is why we are building our own distribution networks in that country (and in) the UK and intend doing it other leading markets."

Smith, meanwhile, joins DGB from Tiger Brands. Prior to Tiger, Smith worked at Gilbey's, a subsidiary of Diageo in South Africa, between 1994 and 1998.

Late last year, DGB acquired Franschoek Vineyards in South Africa for an undisclosed sum. The company bought the vineyard as a going concern, despite "considerable interest" from property developers in the site.

Sectors: Wine

Companies: Diageo, Cadbury Schweppes

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