date:Apr 16, 2013
The Distell Group, South Africa's leading spirits, wines and ready-to-drinks business has acquired top-performing producer of Scotch whiskies, Burn Stewart Distillers Limited, for just over R2,2 billion (160 million) from the Scottish based CL World Brands Limited and Trinidad and Tobago based Angostura Limited, owners of Hine Cognac and Angostura Bitters respectively amongst other global brands.
The strategic purchase of the fully integrated producer of both Blended and Single Malt Whiskies wi