Oldest South African Winery with a Legacy of Sustainability and Community Investment
- Spier Wine Farm joins Freixenet Copestick portfolio
- Oldest and biggest South African brand joining
- Wine making legacy since 1692
- High-density grazing and organic compost used in process
- Investment in sustainability and community initiatives
- Partnership to grow footprint through Freixenet Copestick’s network
South African winery Spier Wine Farm is set to join the Freixenet Copestick portfolio, bringing its rich history and sustainable practices to the group. With a wine-making legacy dating back to 1692, Spier uses high-density grazing and organic compost in its processes and sources local vegetables and meat for its restaurants. The winery also invests in initiatives like Growing For Good and the Pinotage Youth Development Academy, promoting sustainability and community development. As part of their sustainable approach, they launched Tree-preneurs with the Wildlands Conservation Trust in 2009 to teach environmental consciousness to impoverished communities. The partnership aims to grow Spier’s footprint through Freixenet Copestick’s network, including specialist on-trade supplier Jascots and DTC e-commerce merchant Slurp. Frans Smit, managing director of Spier Wine Farm, said the collaboration aligns with their goal of delivering quality products sustainably. Rob Hilton, head of operations at Freixenet Copestick, expressed excitement about bringing Spier’s wines to a wider audience in the UK.
Factuality Level: 10
Factuality Justification: The article provides accurate information about Spier Wine Farm’s history, sustainable practices, partnership with Freixenet Copestick, and their goals for expanding distribution. It also includes quotes from relevant sources to support the claims made.
Noise Level: 2
Noise Justification: The article provides relevant information about Spier Wine Farm joining the Freixenet Copestick portfolio and highlights its sustainable practices and community initiatives. It also includes quotes from key figures involved in the partnership. However, it lacks analysis or exploration of long-term trends or possibilities, scientific rigor, and actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Spier Wine Farm joining Freixenet Copestick portfolio may impact the wine industry and related companies.
Financial Rating Justification: The article discusses a strategic partnership between Spier Wine Farm and Freixenet Copestick, which could potentially affect the wine industry and related companies due to the expansion of distribution networks and the introduction of Spier’s wines to a wider audience.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.
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