SOUTH AFRICA: KWV chairman to retire
Addressing the company's AGM, Jonker, who has held the position since 1994, said he would step down at the end of the year and would be succeeded by fellow Robertson wine estate owner, Danie de Wet.
Jonker said ongoing negotiations had been in progress for the past few months with two or three potential black empowerment shareholders and he predicted that an agreement could be reached by as early as next April.
This is one of two major projects he will be leaving to De Wet, who also has until July to find a distributor for its products. This follows a ruling by the Competition Tribunal earlier this year that Distell cease from distributing KWV products.
There's nothing else like it in the just-drinks calendar. Three days, one venue and almost all our contacts, clients and collaborators under one roof. This year's London International Wine & Spirit Fa...
The flavouring scandal that rocked KWV at the end of last year has been the trigger for an upheaval in the way the South African leader will approach winemaking in the future. Chris Brook-Carter spoke...
Distell today announced its broad-based transformation plans between a black economic empowerment group, certain employees and a corporate social investment trust (CSI Trust)....
KWV International has launched the second phase of its assault on the South African market with the introduction of its KWV 3-year-old brandy and Cathedral Cellar and KWV Classic ranges as it expands ...
After more than three months of negotiations, 94 employees at KWV SA, the production wing of KWV Limited, have taken either a severance package, early retirement or have been retrenched. Originally 10...
Distell has appointed Don Gallow as its new director of international operations, in place of Etienne Heyns who left the company two weeks ago. ...
Distell's headline earnings have rocketed by 34.5% to ZAR482.2m (US$75.2m) for the year to 30 June, thanks to improved performance from all the company's assets....
The Distell Group has advised its investors on the JSE Securities Exchange that, compared to 2003/4, its earnings per share and headline earnings would increase by between 25% and 35% for the year to ...
- What Brexit means for drinks industry? - Analysis
- Is there a future for the global beer brand?
- How soft drinks can win big with adult consumers
- Global director int'l brands, Heineken - Interview
- Non-Scotch Whisky Essentials, Part I
- The UK Referendum - just-drinks Live Blog
- Aldi dealt alcohol sales blow in Australia
- SABMiller confirms price paid for Meantime
- Maxxium eyes US$1.4bn opportunity in UK spirits
- Ex-William Grant CEO Stella David re-joins Bacardi
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Spirits and Wine: Corporate Overview
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends