Klipdrift maker Distell eyes international acquisitions as SA economy dries up - BizNews

(Bloomberg) — Distell Group will consider raising funds through a rights issue as South Africa's largest alcoholic-drinks maker seeks acquisitions outside its home market. Asking shareholders to buy new stock is “possible,” Managing Director Richard ...

Distell sells venerable wine farms and brands - Bizcommunity.com

Remgro-controlled liquor conglomerate Distell, which airms to double revenue and profits by 2021, is selling long-held wine farms and wine brands as executives look to markedly improve a modest return on assets.