The Van Loveren Winery
116 members of the De Goree Trust
How was it done?
The Van Loveren Winery, situated between Robertson and Bonnievale, purchased a wine farm in 2006, in association with the De Goree Trust with its 116 members, as part of their BEE programme. The 138 ha farm was acquired at a cost of R4,9m, which included implements. The farm has established vineyards and apricot and peach orchards. The Van Loveren farm workers hold 52% shares in the property. Grapes from the De Goree farm go into the Five’s Reserve range. This is a joint venture and the trust has a 25% stake in the trademark.