Cheers to second chances as Solms-Delta gains new investor
Once a thriving wine farm, Solms-Delta has largely fallen into ruin since being placed in business rescue. A US investor now offers it a new lease on life
11 January 2024 - 05:00
It’s not often you’ll go to a wine estate for lunch and find the dining area virtually bare, the vineyards looking as if they’re on their last legs and the cutlery — wooden cutlery at that — brought in specially for the event. But this was the case at the recent relaunch of Solms-Delta Wine Company near Franschhoek.
Once a thriving wine estate and at some point regarded as a model for transformation in the industry, Solms-Delta was put into business rescue last year. Which means creditors have cleared the estate of everything that can move — cutlery included...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.