Distell Group Limited

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)
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.

Overview

Distell Group Limited is one of Africa’s leading producer and marketer of spirits, fine wines, ciders and ready-to-drinks. The group's headquartered are in Stellenbosch, South Africa.[1]

As at February 2014, Distell had 5,300 employees worldwide and an annual turnover of ZAR 17.7 Billion.

History

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.[2]

Stellenbosch Farmers' Winery

Stellenbosch Farmers Winery Group (SFW) the founder member of Distell Group was formed in 1925 by William Charles Winshaw, an American medical doctor.[3] 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.[4]

In 1956 Stellenbosch Farmers Winery Ltd was listed on the Johannesburg Stock Exchange.[5]

Distillers Corporation

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.[3]

Distillers Corporation was also listed on the JSE.

The Merger

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.[6]

This structure allowed the merger no to have any diluting effect on the lead shareholders' effective interest in the merged entity.[7]

4 December 2000, announced the management announced the conclusion of the merger. The newly formed entity was known as Distell from the names of the two constituent companies.[2][8]

Distell Group's shares began trading on the Johannesburg Stock Exchange on 19 March 2001 under the symbol DST.[2]

Ownership

The stock of Distell Group Limited is listed on the JSE, where it trades under the symbol: DST.[9] The shareholding as at 31 March 2014 is shown below:[10]

Distell Group Limited Stock Ownership
Rank Name of OwnerPercentage Ownership
1 Remgro-Capevin Investments Proprietary Limited 53.0
2 Other Beverage Interests Proprietary Limited 26.5
3 Others via the JSE 20.5
Total100.0

Brands

Distell's major brands include:[12]

Spirit portfolio

  • Klipdrift Export
  • Richelieu
  • Viceroy
  • Mellow-Wood
  • Oude Meester VSOB
  • Commando
  • Bisquit
  • Richelieu XO
  • Underberg
  • Gordons
  • Amarula
  • Nachtmusik
  • Oude Meester Peppermint & Ginger Liqueurs
  • Flight of the Fish Eagle
  • Klipdrift Premium
  • Van Ryn’s 10, 12, 15 and 20 year old collection
  • Oude Meester Reserve
  • Klipdrift Gold
  • Nederburg Potstill Solera Brandy
  • Collison's White Gold
  • Richelieu 10
  • Bain's Cape Mountain Whisky
  • Black Bottle Scotch Whisky
  • Bunnahabhain Islay Single Malt Scotch Whisky
  • Deanston
  • Harrier
  • Knights
  • Ledaig
  • Scottish Leader
  • Three Ships
  • Tobermory
  • Mainstay
  • Mainstay 54 Island Vodka
  • Count Pushkin Premium Imperial Vodka
  • Romanoff
  • Seven Seas
  • Amarula Gold

Wine portfolio

  • Nederburg
  • 4th Street
  • 5th Avenue
  • Cellar Cask
  • Chateau Libertas
  • Drostdy-Hof
  • Graça
  • Grand Mousseux
  • Grunberger
  • JC Le Roux
  • Obikwa
  • Peche Royale
  • Two Oceans
  • Alaska
  • Brandyale
  • Castle Brand
  • Clubman
  • Copperband
  • Delgado Supremo
  • Mokador
  • Vincoco
  • Zorba
  • Autumn Harvest Crackling
  • Capenheimer
  • Kellerprinz
  • Oom Tas
  • Overmeer
  • Paarle Perle
  • Ship Sherry
  • Sedgwicks Old Brown
  • Tassenberg
  • Taverna Rouge
  • Witzenberg Stein
  • Allesverloren
  • Alto
  • Durbanville Hills
  • Flat Roof Manor
  • Fleur du Cap
  • Hill & Dale
  • Jacobsdal
  • Le Bonheur
  • Lomond
  • Monis
  • Neethlingshof
  • Place in the Sun
  • Plaisir de Merle
  • Pongracz
  • RED ESCape
  • Stellenzicht
  • Theuniskraal
  • Tukulu
  • Uitkyk
  • Zonnebloem

Cider & Ready to drink

  • Ciders
  • Hunters
  • Savanna Dry
  • Bernini
  • Esprit
  • Hunters Extreme
  • Klipdrift & Cola

See also

External links

References

  1. "Distell Contacts". Distell Group Limited. Retrieved 2 November 2014.
  2. 2.0 2.1 2.2 Cassie du Plessis, Henry Hopkins (1 May 2011). "JSE listing for Distell". WineLand. Retrieved 2 November 2014.
  3. 3.0 3.1 "Distell History". Distell Group Limited. Retrieved 3 November 2014.
  4. "Stellenbosch Farmers Winery Group Ltd". Bloomberg LLP. Retrieved 3 November 2014.
  5. "Modern day History Timeline of Stellenbosch". ShowMe™. Retrieved 3 November 2014.
  6. "Case No: 08/LM/Feb02 - Merger between Distillers Corporation (SA) Limited and Stellenbosch Farmers Winery Group Ltd". Competition Tribunal, Republic of South Africa. 13 March 2003. Retrieved 3 November 2011.
  7. "Remgro Group 2001 Annual Report". Remgro Group. 31 March 2001. Retrieved 3 November 2014.
  8. Kirkby, Arnold (5 December 2000). "SOUTH AFRICA: Distillers' Corporation + Stellenbosch Farmers Winery = Distell". just-drinks.com. Aroq Limited. Retrieved 3 November 2014.
  9. Brownlee, Julie (30 April 2014). "About the company: Distell Group Ltd [JSE:DST]". FSP Invest. Retrieved 2 November 2014.
  10. "Distell Group 2014 Annual Report". Distell Group Limited. 31 March 2014. Retrieved 3 November 2014.
  11. "Capevin Holdings Limited 2014 Annual Report". Capevin Holdings Limited. 30 June 2014. Retrieved 3 November 2014.
  12. "Distell Group Brands". Distell Group Limited. Retrieved 2 November 2014.