By Christian Eedes, 4 May 2018
Eileses Capital, a San Francisco investment firm, has acquired Stellenbosch property Warwick from the Ratcliffe family for an undisclosed sum. Eileses Capital was founded in 2016 by Kishore Bopardikar and Charles Marston, the two having worked together since 1991 and possessing extensive experience in the technology space. According to the official media releases, additional acquistions in SA are planned.
Update – 4.5.18: Producer-wholesaler Distell has announced that it has entered into a sale agreement with Warwick Wine Estate, with Eileses Capital as its sole shareholder, with regards Stellenbosch property Uitkyk.
Update – 7.5.18: Eileses Capital explains that the acquistion of Uitkyk is key to its vision for Warwick – Uitkyk is nearly 600 hectares in size and will increase Warwick’sfootprint in the prime Simonsberg terroir to over 700 hectares making it a significant provider of high-quality wine globally. Eileses will build on Warwick’s stable of Bordeaux-centric brands and the Warwick and Uitkyk management teams remain engaged – when the purchase closes, the Uitkyk team will join the existing Warwick