KWV ends 2016 on a high note at the New York International Spirits Competition Following its reputation as the Best Brandy Producer in the World, KWV in Paarl has just reinforced its standing with more major awards, this time cinched at the 7th annual New York International Spirits Competition (NYISC).
Vasari, a leading consumer focused investment group has completed the acquisition of South African wine and spirits producer KWV Group’s operational assets for ZAR1.15 billion. The acquisition, announced in May 2016 was finalised after securing overwhelming shareholder support and a nod from the South African Competition Commission.
THE operational assets of iconic liquor business KWV Holdings — controlled by empowerment giant Hosken Consolidated Investments (HCI) — is to be sold for R1.15bn to a firm aligned to entrepreneur Vivian Imerman, it was confirmed on Wednesday.
Dashen Brewery, which is co-owned by Vasari Global (Vasari), UK-based asset management firm Duet Group (Duet), and the TIRET Group (TIRET), an Ethiopian endowment fund,on Sunday inaugurated the largest brewery plant in Ethiopia with a total production capacity of 2 million hectoliters of beer per annum.