The Africa Report

Coronavirus: South African Distell trying to curb hit from pandemic

Distell, which is headquartered in the Cape winelands and listed on the Johannesburg Stock Exchange, is the continent’s foremost maker and marketer of wines and ciders. Angola, Botswana, Ghana, Kenya, ...
Yahoo Finance

HEINEKEN successfully completes acquisition of Distell and Namibia Breweries to create HEINEKEN Beverages

Amsterdam, 26 April 2023 - HEINEKEN N.V. ('HEINEKEN') (EURONEXT: HEIA; OTCQX: HEINY) has announced the completion of its acquisition of Distell Group Holdings Limited (‘Distell’) and Namibia Breweries ...
Daily Maverick

Distell workers down tools and picket over union recognition refusal

About 50 Distell workers stopped work and picketed outside the Adam Tas production site in Stellenbosch on Monday morning and will continue striking today. They are demanding that Distell give their ...
News24

Distell workers down tools and picket

For more financial news, go to the News24 Business front page. About 50 Distell workers stopped work and picketed outside the Adam Tas production site in Stellenbosch on Monday morning and continued ...
Nasdaq

South Africa's Distell boosted by growing beverages demand

South African drinks maker Distell, set to be taken over by Dutch beverage company Heineken, said on Thursday its full-year profit rose by 36.7%, as consumers bought more wine, ciders and spirits ...
News24

Distell shareholders give the green light for Heineken takeover

Heineken is making a R38.5 billion bid for Distell. Some shareholders, including Ninety One, say the R180 per share offer is too low for the company. Distell management’s unanimous view is that the ...
Business Insider

Angola Beverages Markets 2019 with Profiles of Refriango, Distell Angola, Aquacita

DUBLIN, Oct. 17, 2019 /PRNewswire/ -- The "The Beverages Sector in Angola 2019" report has been added to ResearchAndMarkets.com's offering. This report focuses on the beverage sector in Angola with ...
The Africa Report

With Distell’s takeover, Heineken is growing its African ambitions

Heineken, the second largest brewer in the world, had previously left Africa – considered unattractive – to its competitors. However, its managers eventually refined their analysis and investments ...
Drinks

Distell deal “economically unviable” without Savanna and Hunter’s brands, Heineken tells competition tribunal

Heineken has reportedly said if it cannot buy both Hunter’s and Savanna as part of its deal to acquire Distell then the transaction will not go ahead. Stay ahead with unbiased news, expert commentary, ...
Nasdaq

S.Africa's Distell holds off on annual dividend amid Heineken talks, profits treble

South African drinks maker Distell Group Holdings Ltd did not declare an annual dividend on Thursday even as profits more than trebled, as beer giant Heineken made holding off on the payout a ...
Bizcommunity

Farm women demand Distell act against suppliers that violate workers' rights

About 150 women who live and work on farms marched to the offices of Distell in Stellenbosch on Wednesday, demanding that the company take action against its suppliers that disregard human and labour ...