'We are capturing premium and mainstream opportunities and building
scale in priority markets while continuing our journey to create
a leaner, focused and more agile organisation.'
Richard Rushton, Group CEO
Distell is the only South African-owned and operated alcoholic beverages company and Africa's leading producer and marketer of wines, spirits, ciders and RTD's, sold across the world.
We are becoming a geographically diverse group that is building long-term platforms to unlock growth in various geographies.
Markets outside of South Africa are contributing almost a quarter of revenue.
Financial performance:
CAGR:
+37,0%
CAGR:
+9,0%
Distell's unique competitive advantage is our balanced category spread
Distell's wines, with their rich heritage, have built significant mainstream and premium opportunities and are sold on every continent.
Amarula is ranked as the world's second-largest cream liqueur and Distell is South Africa's leading producer of brandy.
We pioneered the cider category in South Africa to become the second-largest producer of ciders worldwide.
Resonate with a broad spectrum of consumers with different
Play accorss the
Are enjoyed by
We are building an empowered, high-performance organisational culture that encourages innovation from a diverse pool of talented professionals.
We find opportunities at each point along our value chain to do more, be better and foster positive change in the lives of our stakeholders.
Electricity usage
12,2%
per litre of production year on year
Greenhouse gas emissions
3,3%
year on year
Water usage
14,3%
per litre of production year on year
We are a proud African alcoholic beverage company with heritage, global reach, world class people, and the ability to do extraordinary things!
We craft distinctive alcoholic beverage brands, enhance memorable moments, and inspire responsible consumption. The value we create will enrich the lives of our people, shareholders, and the communities within which we live and work.
We exist to provide unique moments of social enjoyment through the responsible marketing of well-crafted wines, spirits, ciders and RTDs.
International
Africa
South Africa
The strategic role of our international region is to:
We aim to accelerate sustainable growth in the region to become the continent’s leading player in wines, spirits and non-beer RTDs.
We aspire to increase our value market share of the total alcoholic beverage market in South Africa by 50 bps per annum.
Top-down financial and non-financial strategic goals for the Group and key business units developed for a five-year horizon:
These priorities are underpinned and enabled by business transformation initiatives.
The principles that guide the way we execute our strategy:
Gender: Male
Tenure and committees: Appointed to the board, remuneration committee and the nomination committee in 2012 and as a member of the investment subcommittee in 2015. Appointed as chairperson of the board in 2016 and as chairperson of the investment subcommittee in 2015
Expertise: Financial markets and investments, international business, general business, mergers and acquisitions, marketing, fast-moving consumer goods, manufacturing, legal and governance
Other: Chief executive officer of Remgro and a director of, inter alia, RCL Foods, RMI Holdings Limited and Mediclinic International PLC
Gender: Male
Tenure: Lucas joined Distell in 2014 from Remgro where he was an investment executive overseeing a specific portfolio of investments since 2008. Lucas was appointed to his current position in September 2015. He is responsible for financial planning and control, information technology and statutory reporting.
Expertise: Financial markets and investments, general business, mergers and acquisitions, risk management and governance
Gender: Male
Tenure and committees: Appointed to the board in November 2015, as member of the audit committee in 2016, as chairman of the risk and compliance committee in 2016 and as a member of the social and ethics committee in 2016
Expertise: Financial markets and investments, international business, general business, governance, mergers and acquisitions, and risk management
Other: Chairperson of Plexus Holdings, an investment management business he founded in 1995. He also serves as chairperson of the Institute of Directors in Southern Africa and Bridge Fund Managers, and as director of PPS Insurance Company. He is a member of the advisory board of the University of Stellenbosch Business School (USB), chairperson of the audit and risk committee and a member of the investment committee of Stellenbosch University.
Additionally, he is professor extraordinaire at the USB, Honorary Consul General of Slovenia for South Africa and Deputy Dean of the Consular Corps of Cape Town.
Gender: Male
Tenure and committees: Appointed to the board in 2000 and as a member of the investment subcommittee in 2015
Expertise: International business, marketing and fast-moving consumer goods
Other: Formerly a director of, inter alia, Remgro, Richemont Société Anonyme and British American Tobacco
Gender: Female
Tenure and committees: Appointed to the board in 2008, as chairperson of the audit committee in 2009, as member of the risk and compliance committee in 2016 and investment subcommittee in 2015
Expertise: Financial markets and investments, international business,
general business, mergers and acquisitions, transformation, risk
management and governance
Other: Founder, director and chief financial officer of the Universal
Healthcare group of companies and formerly a director of WIPHOLD
and Concor. She was also a member of WIPHOLD’s audit committee
and chaired the Concor audit committee.
Independent non-executive*
Gender: Male
Tenure and committees: Appointed to the board in 2011 and as a member of the investment subcommittee in 2015
Expertise: Financial markets and investments, international business, general business, mergers and acquisitions, retail operations, marketing, manufacturing, risk management, legal, human resources, sustainability and governance
Other: Founder director of PSG Group, Capitec Bank Holdings and Zeder Investments. He is also non-executive director of Kaap Agri Investments and serves on selected audit and remuneration committees
* Independent (as at 30 June 2018) following the collapse of Distell’s shareholder structure and resignation from the board of Capevin.
Independent non-executive
Gender: Female
Tenure and committees: Appointed to the board in 2005, as a member of the audit committee in 2006, as chairperson of the social and ethics committee in 2012, as a member of the risk and compliance committee in 2016 as a member of the investment subcommittee in 2015 and as a member of the remuneration committee and the nomination committee in 2017
Expertise: Financial markets and investments, general business, mergers and acquisitions, transformation, risk management and governance
Other: Investment executive at WIPHOLD, and non-executive board member and audit committee member of Landis+Gyr, SA Corporate Real Estate Limited. She is also a non-executive board member of Adcorp Holdings Limited and Sasfin Holdings Limited
Independent non-executive
Gender: Male
Tenure and committees: Appointed to the Distell board in 2000
Expertise: Financial markets and investments, international and general business
Other: Group chief executive officer of Community Investment Holdings Group, non-executive chairperson of Schneider Electric, non-executive deputy chairperson of Jasco Electronics Holdings and non-executive director of Air Liquide Healthcare and of Afrocentric Limited
Gender: Male
Tenure and committees: Appointed to the board in 2008 and as lead independent director in 2016. He was appointed as chairperson of the remuneration committee in 2013 and as chairperson of the nomination committee in 2017. He has been a member of the investment subcommittee since 2015
Expertise: International business, general business, mergers and acquisitions, marketing and fast-moving consumer goods
Other: Retired managing director of SABMiller Africa and Asia, where he served on several boards of SABMiller subsidiaries, and was also an executive committee member of SABMiller PLC. He is also a director of Standard Bank.
Gender: Female
Tenure: Appointed to the board in 2015 and as member of the risk and compliance committee in 2016
Expertise: Financial markets and investments, international business, general business, marketing, risk management and governance
Other: Director on the boards of FirstRand and FinMark Trust
Gender: Male
Tenure: Richard was appointed to the board in 2013 following various leadership roles with SABMiller in Africa, Asia and Latin America since 1997. Richard initially held leadership positions at Barclays and Adcock Ingram before joining SABMiller. Richard’s role is to ensure the company delivers on its key strategic objectives and to build a high-performance culture within the company.
Expertise: International business, mergers and acquisitions, marketing and fast-moving consumer goods
Gender: Male
Tenure and committees: Appointed to the board, as alternate director for JJ Durand, in 2014, to the investment subcommittee in 2015 and to the risk and compliance committee in 2016. He attends the audit, remuneration and nomination committee meetings as an invitee
Expertise: Financial markets and investments, general business, mergers and acquisitions, risk management and governance
Other: Board member of RCL Foods Limited.
He is currently Head of Corporate Finance at Remgro.
Gender: Male
Tenure: JP joined Distell in 2014 after a long career at British American Tobacco South Africa (BAT SA). He is responsible for the full spectrum of human resources activities across Distell Group.
Expertise: Human resources
Gender: Male
Tenure: Marius joined Distell in 2001 as research manager and was appointed as quality management and research (QM&R) director in August 2009. In July 2014 he was appointed as director: innovations.
Expertise: Fast-moving consumer goods, manufacturing and sustainability
Gender: Female
Tenure: Kate joined Distell in 2003 shortly after the merger of SFW and Distillers into a newly created function to integrate the two entities. Her role evolved into overseeing the strategy and mergers and acquisitions functions over time and took up her present position in August 2014. She is responsible for corporate strategy, mergers and acquisitions. Her role is to step-change Distell’s growth through inorganic expansion and to deliver a clear and integrated corporate strategy. Before Distell, Kate worked with ABN Amro in London on project and change management initiatives before joining leisure and hospitality group CC Africa. Kate completed her MBA at UCT Graduate school of Business in 2002.
Expertise: Business management, mergers and acquisitions, business transformation, deal integration and deal origination
Gender: Male
Tenure: Donovan joined Distell as marketing director: southern Africa in 2010 post various leadership roles at BAT SA. In 2015 he moved on to head up the Africa business, setting the transition strategy for the business unit focusing on the portfolio, local production and routeto- market platforms in key markets. Donovan took over the global marketing function at the end of 2017 and is focused on the health and profitability of the brand portfolio, innovation, digital transformation and marketing capability development.
Expertise: Africa and general business, marketing and sales, fast-moving consumer goods, transformation, human resources, agile leadership
Gender: Female
Tenure: Lizelle joined Distell in 2012. She performs all statutory company secretarial functions and is also responsible for the company’s forensic compliance, risk management and legal divisions.
Expertise: Retail operations, fast-moving consumer goods, manufacturing, risk management, legal and governance
Gender: Male
Tenure: Len joined Distell as head sales and operations in March 2017 before moving on to his current role as managing director for Africa in May 2018. Before joining Distell Len held various leadership roles within SABMiller of which the latest was managing director for Namibia.
Expertise: General business, mergers and acquisitions, wholesale and retail operations, trade marketing and marketing, sales and operational, people and team capability building, commercial and business acumen
Gender: Male
Tenure: Wim joined the Group in 1994, was appointed head of new business development in 2007 and took up his present position in July 2010. He is responsible for our business functions in South Africa and BNLS countries, including sales, distribution and marketing operations.
Expertise: General business, mergers and acquisitions, and manufacturing
Gender: Male
Tenure: Johan joined Distell in 2016 as the head of manufacturing and was appointed as director: supply chain in 2017. He is responsible for optimising Group supply chain operations across procurement, planning, manufacturing, warehousing, logistics and technical centres of excellence (intrinsics, engineering, capital projects and safety, health, environment, risk and quality). Johan has multi-industry experience at operational, business and executive level. Johan began his career at Anglo American before moving on to AECI where he held various roles implementing key projects over his tenure. He then joined SAB where he held manufacturing and general manager regional roles before moving to Cadbury/Kraft Foods overseeing their supply chain for sub- Saharan Africa, then moving on to AVI and Distell.
Expertise: General business, fast-moving consumer goods, integrated supply chains, manufacturing and operations
Gender: Female
Tenure: Bridgitte joined Distell in 2016 and is responsible for the overall reputation management, stakeholder and corporate citizenship strategy of the company. She has multi-industry experience in different functional, business and executive roles.
Expertise: General business, fast-moving consumer goods, manufacturing, transformation, risk management and sustainability
Gender: Male
Fraser joined Distell in 2013 following the acquisition of Burn Stewart Distillers where he was the managing director. During his 23 years in the spirits Industry he has held senior commercial roles covering North America, Asia and Europe with Burn Stewart Distillers. In addition he served as a director of Angostura Holdings PLC for seven years and served as the managing director of J. Wray & Nephew for two years. He previously spent seven years with PwC in audit and corporate finance.
Expertise: international business development, marketing, spirits cross category
| Avior Capital Markets | Ross Hindle | 011 589 2891 | ross@avior.co.za |
|---|---|---|---|
| Investec | Anthony Geard | +27 21 416 1431 | Anthony.Geard@investec.co.za |
Restructure of Distell’s multi-tiered ownership structure
Lizelle Malan (Group Company Secretary) | Frank Ford (Investor Relations)