Heineken in Talks to Acquire Majority Stake in Distell
Global beer giant Heineken is in talks to purchase a majority stake in South African drinks company, Distell. Both parties have confirmed they are in talks, but Heineken's big picture plan has yet to come into focus.
Distell owns brands such as Amarula liqueur, and Scotch whiskies Bunnahabhain, Deanston and Tobermory with the vast majority of its business done in Africa. Though, In the US, Distell has a joint venture with Terlato Wine Group to operate its wine and spirits brands.
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