SOUTH AFRICA: Distell makes first overseas acquisition
By Arnold Kirkby | 19 August 2002
South Africa's Distell has purchased a 10% stake in its Canadian distributor as it makes its first tentative acquisition outside Africa. The Ontario-based Peter Mielzynski Agencies has had a 10-year relationship with Distillers Corporation before it merged with Stellenbosch Farmers' Winery, to form Distell.
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South Africa's Distell has purchased a 10% stake in its Canadian distributor as it makes its first tentative acquisition outside Africa. The Ontario-based Peter Mielzynski Agencies has had a 10-year relationship with Distillers Corporation before it merged with Stellenbosch Farmers' Winery, to form Distell.
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