150 farm and cellar workers
Swartland, Western Cape
How was it done?
The project is a combined initiative of Riebeek Cellars, producers, farm and cellar workers from the Riebeek Valley with a shareholding of 20%-40%-40% and entails a wine farm that will be cultivated for commercial means. Riebeek Cellars, with a 20% shareholding, serves as the production and marketing leg of the project and the wine will be released under the label “Partnership”.
How was it founded?
Government financing and the capital support of producers
Social and Economic Implications
Shareholders are paid dividends the moment the project becomes profitable, but will also get ownership of land