AdVini South Africa acquires Kleine Zalze Wines
20 April 2022 - 1:45AM
AdVini South Africa acquires Kleine Zalze Wines
Press Release -
19th April 2022
AdVini South Africa acquires
Kleine Zalze Wines
AdVini South Africa, a subsidiary of AdVini, has
acquired the majority share of Kleine Zalze Wines, based in
Stellenbosch (South Africa), with its founder Kobus Basson, who
remains a shareholder in the company and will manage the transition
with his South African team for the next three years.
The transaction, subject to the approval of the
competition commission, concerns the wine business, including the
Kleine Zalze and Foot of Africa brands, the historic site and
headquarters of Kleine Zalze including the winemaking and ageing
cellars and the wine tourism site that welcomes 25 000 visitors per
year.
The vineyards, which will be retained by the
Basson family, are subject to a long-term supply contract with
Kleine Zalze.
Kleine Zalze, which had a turnover amounting to
210M ZAR in 2021, will rely on the one hand on the entire
organisation of AdVini South Africa and on the other hand on the
sales force of AdVini to accelerate its export development, while
keeping, like all AdVini wine houses, its autonomy, its teams and
its authenticity.
Following this acquisition, AdVini South Africa
consolidates its position in South Africa, taking a place among the
leaders of quality wines in the country.
About Kleine Zalze:Kleine Zalze (210M ZAR
turnover, 83 employees,) a premium Stellenbosch wine brand with
strong distribution in South Africa and significant market share in
Sweden, UK, Netherlands and Germany.
About AdVini South Africa:
AdVini South Africa is one of the leaders in the
South African wine industry. After a decade of presence in the
country, AdVini South Africa is a reference for the quality of its
wines and vineyards, totalling nearly 300 hectares of vineyards and
grouping several entities in the heart of the Stellenbosch
vineyards: L'Avenir, Le Bonheur, Ken Forrester and Stellenbosch
Vineyards, as well as recognised brands such as Arniston Bay and
Welmoed.
About AdVini:
AdVini is a benchmark for French terroir wine,
with 2,074 hectares of vineyards rooted in the most well-reputed
winegrowing regions such as Ogier and its Clos de l'Oratoire des
Papes in Châteauneuf-du-Pape, Antoine Moueix Propriétés with
Château Capet-Guillier in Saint-Emilion and Château Patache d'Aux
in Médoc Cru Bourgeois, Domaine Laroche in Chablis, Maison Champy
in Côte-de-Beaune, Vignobles Jeanjean and Mas La Chevalière in
Languedoc, Cazes and Clos de Paulilles in Roussillon, Gassier with
Château Gassier and Château Roquefeuille in Provence Sainte
Victoire.
AdVini is also present in South Africa with
nearly 300 hectares of vineyards and grouping several entities in
the heart of the Stellenbosch vineyards: L'Avenir, Le Bonheur, Ken
Forrester and Stellenbosch Vineyards.
Its wineries and vineyards enjoy a flourishing
reputation and standing that allows them to export to over 106
countries.
Press Contact
AdVini South Africa Edo HEYNSStrategic Development
and Marketing Directoredo.heyns@advinisa.co.za |
AdVini Nicolas TRACZMarketing Communication
Digital Directornicolas.tracz@advini.com Chloé
PERINETCommunication Managerchloe.perinet@advini.com |
- PR AdVini South Africa Acquisition Kleine Zalze EN
Advini (LSE:0MC0)
Historical Stock Chart
From Dec 2024 to Jan 2025
Advini (LSE:0MC0)
Historical Stock Chart
From Jan 2024 to Jan 2025