Wine and spirits producer KWV, which is majority-owned by Vasari Beverages, has onboarded new investors, Masimong Group Holdings and Rand Merchant Bank (RMB), through its Family Office Group Solutions Business.
Dashen Breweries has completed an expansion project taking total capacity to 4.2 million hectolitres across it’s two breweries in Debre Birhan (3.0 million hectolitres) and Gondar (1.2 million hectolitres).
South African drinks giant, KWV, has unveiled what is probably the Rainbow Nation’s first wine made from what is regarded as a Chilean grape variety, Carménère.
Vasari Beverages has completed a US$100m capital raise to fund a set of growth opportunities including the expansion of its Ethiopia brewery and the pursuit of new acquisitions and greenfield developments across Africa and Asia.