Heineken will have to cough up for Remgro to sell Distell
The brewing behemoth may be prepared to pay a premium to take on archenemy AB InBev properly for the first time in SA
Superficially, Heineken’s courting of Distell makes little immediate sense. Heineken is the world’s second-largest brewer behind AB InBev, while Distell is a wines, spirits and ready-to-drink (RTD) supplier and distributor with operations mainly in South Africa but also some whisky interests in Scotland. ..