Distell Group Limited
 |
|
| Public limited company | |
| Traded as | JSE: DST |
| Industry | Brewing, Beverage |
| Predecessor | Stellenbosch Farmers' Winery Distillers Corporation |
| Founded | 4 December 2000 through Merger |
| Founder |
William Charles Winshaw SFW's Founder Anton Rupert Distillers Corp's Founder |
| Headquarters | Stellenbosch, South Africa |
|
Key people
|
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
|
5,300 (2014) |
| Website | Homepage |
Distell Group Limited, commonly referred to as Distell, is a multinational brewing and beverage company, based in South Africa.
Distell Group Limited is one of Africa’s leading producer and marketer of spirits, fine wines, ciders and ready-to-drinks. The group's headquarters are in Stellenbosch, South Africa.
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 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.
This structure allowed the merger no to have any diluting effect on the lead shareholders' effective interest in the merged entity.
On 4 December 2000, the management announced the conclusion of the merger. The newly formed entity was known as Distell from the names of the two constituent companies.
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Wikipedia