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In October 2016, KWV was acquired by the Vasari group under leadership of Mr Vivian Imerman. Based in London, Vasari is a consumer focused investment group that acquired the operational assets of KWV for ZAR 1.15 billion. KWV Brandies are regular winners of Best brandy of the world and best brandy and cognac producers of the world accolades.
He started to make Brandy. [4] [5] S.E. Warren, a director of KWV encouraged him in 1935 to produce and market brandy. His brand were called Klipdrift (the name comes from the farm's name) [6] The first bottle was produced on 4 May 1938, at 8.02pm. On the farm Klipdrift two types of brandy were produced: A five-year-old brandy and A ten-year ...
Started as a co-operative, the KWV soon grew in power and prominence eventually setting policies and prices for the entire South African wine industry. To deal with the wine glut, the KWV restricted yields and set minimum prices that encouraged the production of brandy and fortified wines. [4]
To deal with the wine glut, the KWV restricted yields and set minimum prices that encouraged the production of brandy and fortified wines. [4] By 1924, nearly 95% of all vineyard owners belonged to the KWV, allowing it to exert enormous power on the pricing structure and direction of the South African wine industry.
Brandy generally refers to a distilled spirit made from fermented fruit juice. It can be produced using grapes or other types of fruit, such as apples. ... What do V.S. and V.S.O.P. mean? Cognac ...
Over the past decade, however, KWV has been privatized and no longer has an administrative role in the South African wine industry. (KWV's main wine production and maturation facilities are on its Paarl premises, while its brandy production takes place in Worcester and grape juice concentrate production in Upington in the Northern Cape.)
Witblits is a brandy made from grapes, usually by using leftovers from the winery. Witblits is un-aged, meaning no maturation takes place which results in the liquid staying quite clear. Another one of Witblits' traits is that it is undiluted; this gives it its characteristically high proof.
Remgro-KWV Investments – 60% of Distillers' Corporation and a similar stake in SFW. Other Beverages Industries (Pty) Ltd – 30% of Distillers' Corporation and a similar stake in SFW. Other Beverage Interests Proprietary Limited is a wholly owned subsidiary of SABMiller. Public via The JSE – 10%