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KWV South Africa

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(Redirected from KWV South Africa (Pty) LTD)
KWV
Company typePrivate company
IndustryWine, Spirits & Beverage
Founded8 January 1918; 106 years ago (1918-01-08)
FounderDr. Charles Kohler
HeadquartersPaarl, South Africa
Key people
John Loomes - CEO
Websitekwv.co.za

KWV South Africa (Proprietary) Limited (founded as Ko-operatiewe Wijnbouwers Vereniging van Zuid-Afrika) is a South African wine and spirits producer.[1] Its brands include Roodeberg, KWV Wines & KWV Brandies, and Laborie.[2]

History

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KWV was founded as a winemaking co-operative on 8 January 1918 by wine makers from the Western Cape in South Africa, with Dr. Charles Kohler as its chairperson.[3] The name “Koöperatieve Wijnbouwers Vereniging van Suid-Afrika” is Dutch for "Co-operative Winemakers Union' of South Africa".[4]

The purpose of KWV was to create unity amongst the wine farmers of South Africa and to ensure continuous improvement in the quality of South African wines and brandies. From the early 1920s, the co-operative was granted increasing legislative control over the production, sale and export of South Africa's distilling wine and spirits,[5] which allowed the body to experiment with innovations in the industry which aided its development. The organisation also invested a great deal in the promotion of South African wine and brandy both locally and abroad. KWV's legal hand over the industry was lifted with the end of Apartheid in 1990 and subsequent change in government, and in 1997 converted from a co-operative to a company structure.[6]

In 2004, KWV negotiated the South African wine industry's largest Broad-Based Black Economic Empowerment (BBBEE) deal with Phetogo (Pty) Ltd, attaining 25.1% shares. For the first time, KWV products entered the local market with its branded wines and brandies, having previously only been available to international consumers.[6] In 2010, KWV formed a subsidiary of Niveus Investments, part of the HCI black empowerment investment group, and was the only South African producer listed on Drinks International's Most Admired Wine Brands Global register.[7]

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.

The KWV Headquarters and main production complex are situated in the Cape Winelands in Paarl.

References

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  1. ^ Van Zyl, D (1999). They Shaped our Century: The Most Influential South Africans of the Twentieth Century. South Africa: Human and Rousseau. pp. 399–403.
  2. ^ "KWV Corporate site". KWV Pty LTD South Africa. Retrieved 12 March 2015.
  3. ^ Van Zyl, D.J. (1993). KWV: 1918-1993. South Africa: Human and Rousseau. p. 17.
  4. ^ "About Us". www.kwv.co.za. Retrieved 10 December 2013.
  5. ^ Van Zyl, D.J. (1993). KWV: 1918-1993. South Africa: Human and Rousseau. p. 26.
  6. ^ a b "History". www.kwv.co.za. Archived from the original on 21 September 2017. Retrieved 10 December 2013.
  7. ^ "World's Most Admired Wine Brands" (PDF). drinksint.com/. Drinks International. Retrieved 10 December 2013.
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