KWV – owner of world’s largest cellar- sells operational assets for R1.15bn

Vasari, a leading consumer focused investment group, has reached an agreement to acquire 100% of KWV Group’s operational assets for R1.15 billion.

The Money Show’s Bruce Whitfield interviewed Chris Logan, Fund Manager at Opportune Investments.

Logan explained the KWV asset acquisition.

Logan is a longstanding KWV shareholder.

Scroll down for quotes from the audio below.

Serious competence will be introduced.

Chris Logan, Fund Manager at Opportune Investments

KWV’s assets are grossly underutilised.

Chris Logan, Fund Manager at Opportune Investments

They’ll turn KWV into a global business.

Chris Logan, Fund Manager at Opportune Investments

KWV produces the best brandies in the world.

Chris Logan, Fund Manager at Opportune Investments

A good entrepreneur who knows South Africa is putting money into the country.

Chris Logan, Fund Manager at Opportune Investments

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Article brought to us by Old Mutual.

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