Advini acquires a majority share of Stellenbosch Vineyards
By Christian Eedes, 20 April 2018
Major French wine company AdVini (turnover in 2017: € 250 million) has announced that it has acquired a majority share in Stellenbosch Vineyards, a wine business with distribution in more than 30 countries around the globe and home to such brands as Welmoed, Arniston Bay and Versus. AdVini is already owner of L’Avenir and Le Bonheur and is also the majority shareholder in Ken Forrester Vineyards.
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