Distell halted all operations in Gauteng and KwaZulu-Natal after looters attacked its distribution centre in New Germany this week.
Distell reports 15% revenue growth and 9% sales increase
Distell, South Africa’s leading wine and spirits producer, has reported a 15% growth in revenue for the year to June 2012 and a 9.9% increase in sales volumes across its portfolio of wines, spirits and RTDs in both domestic and international markets.
South Africa: Olmeca tequila launches chocolate liqueur
Pernod Ricard is rolling out its Olmeca tequila liqueurs in South Africa.
Diplomatico Ambassador takes up European residence
Venezuelan rum producer DUSA (Destilerias Unidas SA) has kicked off the multi-market release of Diplomatico Ambassador Selection with a launch event in London.
Kirin buys Schincariol
Japanese brewer Kirin has bought the outstanding shares in Aleadri-Schinni Participações e Representações S.A. (“Aleadri”), a company that holds 50.45% of the outstanding shares of Schincariol Participações e Representações SA (Brazil; CEO: Adriano Schincariol: “Schincariol”).
SAB Miller appoints deputy CFO
SABMiller has announced the appointment of James (Jamie) Wilson as deputy chief financial officer.
SA: Spirits duty rises by 10%
The South African government has increased excise duty on spirits by 10% and wine by 8%.
New SABMiller president for Latin America appointed
SABMiller has appointed Karl Lippert as its new president of Latin America, following the announcement of Barry Smith’s retirement.
Pernod completes Ambrosio Velasco sale
Pernod Ricard Espana has completed the sale of its shares in Ambrosio Velasco to Diego Zamora for a total price of 32.4 M€ in cash.
Pernod sells Spanish wine brands
Pernod Ricard has announced the disposal, by its subsidiary Domecq Bodegas, of Spanish wine brands Marqués de Arienzo and Viña Eguίa. The sale also includes the related Bodega and 358 hectares of vineyards and lands.
Pernod sells shares in Ambrosio Velasco
Pernod Ricard has sold its shares in Ambrosio Velasco to Diego Zamora for €33.1 million (excluding debt).