De Goree farm

Started by
The Van Loveren Winery

Beneficiaries
116 members of the De Goree Trust

Where
Western Cape

Date started
2006

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.