Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Friday, July 1, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN
Kensington Distillers & Vintners (KDV) London has made an entry into Kenya as it seeks to tap into the lucrative alcoholic drinks market.The London-based firm has made an entry with a subsidiary called Monument Distillers Kenya.

(L-R) Charles Gitau, Commercial Manager Monument Distillers Kenya, Caroline Kibe, Brand Manager Monument Distillers Kenya and Ellis Muhimbise, Managing Director Monument Distillers Kenya pose with a bottle of Popov Vodka/Courtesy

London-based brewer launches in Kenya, rivals Diageo

Sazerac, leading US spirits company, has granted Monument Distillers the distribution rights for its portfolio in Kenya

by Chacha Mwita
September 15, 2019
in Kenya
0
Share on FacebookShare on LinkedIn

Kensington Distillers & Vintners (KDV) London, a premium drinks business with a growing foot-print in Africa, has made an entry into Kenya as it seeks to tap into the lucrative alcoholic drinks market.

READ ALSO:This is what alcohol manufacturers in Kenya want

The London-based firm has made an entry with a subsidiary  called Monument Distillers Kenya, a move that now brings competition to current market players among them  world’s largest producers of spirits and beers-Diageo.

Following this development, Sazerac, the leading US spirits company, has granted Monument Distillers the distribution rights for its portfolio in Kenya – the most prominent brands of which are Popov Vodka, Southern Comfort, Myers Rum, Paddy’s Irish Whisky, Firewater, and Buffalo Trace Bourbon.

As part of this transition, Monument will be distributing these products through their distribution partner-Maxam Limited, a local liquor distributor in Kenya and East Africa.

The entry of Kensington Distillers into the Kenyan market follows the successful launch of Monument Distillers Nigeria last year.

Commenting on the entry at an announcement made in Nairobi, Ellis Muhimbise, Managing Director Monument Distillers Kenya said: “It is a great time for us to take on this heritage brand; Popov Vodka. The vodka category is showing favourable growth as Kenya’s strong economic climate continues.”

According to the 2019 International Wine and Spirits Report, the vodka category in Kenya grew 22 per cent annually from 2013 to 2018.

READ ALSO:Tanzania allows alcohol from Kenya after seven-month ban

“Our consumers and stakeholders can rest assured that Popov Vodka remains a trusted brand that will continue to contribute sustainably to the growth of the Kenyan economy,” Muhimbise said.

He went on to explain Monument’s plans to build on the success of Popov Vodka in Kenya: “We are delighted to be given the opportunity to continue to grow the brand and for us to use our newly-formed Monument Distillers Kenya business to accelerate the growth of the international brands we have in our portfolio.”

In addition to representing Sazerac and KDV brands such as Bannerman’s Finest Scotch Whisky, Monument Distillers will be launching a number of new and exciting international brands in Kenya soon under the guidance of MD, Ellis Muhimbise.

Muhimbise has extensive regional experience having spent 12 years at SABMiller and then some time at AB InBev before joining Monument Distillers. His prior experience is set to propel Monument Distillers Kenya forward.

Kensington Distillers & Vintners (KDV) is a premium drinks business with a strong footprint in Southern Africa. KDV has developed a reputation for offering premium drinks of the finest quality, made with exceptional craftsmanship.

The business is run by experienced drinks professionals, Rowan Leibbrandt, Mark Bowman, Robert Hill and Owen Gibbs.

Rowan began his liquor industry career working across multiple European markets in a variety of commercial and marketing roles for William Grant & Sons and liquor giants, Pernod-Ricard, before launching KDV.

Respected liquor industry veteran, Mark Bowman, is credited with managing ABI (the listed soft drinks division of SAB) in South Africa when it listed and doubling its share price.

Mark also led SABMiller Africa – across 18 African markets directly and a further 21 in partnership with the Castel Group – for nine years, growing earnings by double digits and helping to build a total African business of over US$10bn in revenue: a third of the group’s global earnings.

Robert Hill held a variety of senior brand marketing roles at William Grants & Sons over 20 years. He conceived and directed the design of four highly successful Glenfiddich expressions before branching out to consult where he has launched a number of thriving super-premium whisky brands in India.

Owen Gibbs on the other hand has an extensive financial and strategic background. He is a Chartered Account with ICAS (Institute of Chartered Accounts of Scotland) who has worked on a joint venture between Nedbank, People’s Bank and Capital One, held positions at Ernst & Young and then joined Deutsche Bank London’s Portfolio Management team responsible for proprietary equity investments for the bank.

More recently, he spent eight years at Glencore in Switzerland as a commodity trader on the nickel commercial desk before joining the KDV team.

KDV’s Africa distribution businesses are Monument Distillers Nigeria and Monument Distillers Kenya.

In Nigeria, the company represents the fast-growing 1960 Rootz brand, Bannerman’s Finest Scotch Whisky, and will shortly be launching Sazerac’s portfolio in the market.

READ ALSO:Kenya’s top alcohol manufacturer shut over tax evasion

 

 

 

Tags: East AfricaKensington Distillers & Vintners (KDV)Monument Distillers KenyaSABMillerSazerac

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Chacha Mwita

Chacha Mwita is a business reporter based in Kenya. He covers equities, capital markets, trade and the East Africa economic developments.

Related Posts

Growth in employment earmarks Kenya's post-pandemic economic recovery. www.theexchange.africa
Countries

Growth in employment earmarks Kenya’s post-pandemic economic recovery

May 11, 2022
www.theexchange.africa
Banking

Kenya: Business conditions worsen as customer demand declines

May 9, 2022
www.theexchange.africa
Business

Kenya: President Kenyatta Increases Minimum Wage by 12 Per Cent

May 2, 2022
Next Post
The insurance industry in Kenya has recorded an increase in the premiums underwritten between April and June 2019. Insurance premiums, assets, investments and shareholder fund all record growth.

Kenya’s insurance premiums hit US$1.13 billion mark

Presidents Uhuru Kenyatta and Yoweri Museveni (Uganda) have agreed to promote sustainable peace and development along the Kenya-Uganda borders and promote trade between Uganda and Kenya.

Kenya, Uganda agree to end cross-border conflicts, promote development

Kenya has embarked on an aggressive campaign to grow the number of tourists visiting the country with a main focus on the US market.

How Kenya plans to beat African peers on US tourists




This months edition

Features

www.theexchange.africa
Tech & Business

Tips on fundraising from a startup that raised KSh 4.7 Billion

by Rose Kwamboka
July 1, 2022
0

Most Kenyans, 83 per cent, indicated a willingness to increase the amount of money they allocate to savings and investments,...

Read more
Digital economy in Africa, DRC Investment Summit
Industry and Trade

Choose sustainable: Africa’s path to economic freedom

by Padili Mikomangwa
July 1, 2022
0

African nation's like Rwanda are investing in top-notch ICT systems Industrialization in Africa is yet a challenge being tackled by...

Read more
Investment in Africa Risky but Rewarding
Investing

Africa needs to grow its stake in global trade

by Laurence Sithole
July 1, 2022
0

In as far as global trade is concerned Africa has a central role to play. So critical is this role...

Read more
Titus Syengo. He is is the Managing Director at Teaching at the Right Level Africa (TaRL). www.theexchange.africa
Investing

OPINION: TaRL could improve learning for all African children

by Njenga Hakeenah
July 1, 2022
0

Many children in sub-Saharan Africa who are enrolled in primary school do not learn the most basic literacy and numeracy...

Read more
The African Union and Regional Integration in Africa. [Photo/ Diplomatists]
Countries

An integrated Africa: Ambitious, doable but hijacked

by Albert Nangara
July 1, 2022
0

Africans and African diaspora across the world commemorated Africa Day on May 25, 2022. The day truly serves to integrate...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In