Sabvest Capital’s shift into the liquor industry may have taken punters by surprise, but investors should perhaps fortify themselves for a few more rounds of dealmaking.  After all, the firm has shown a knack for upsizing its investments, and the local drinks market might be overdue for a shake-up.

Last week Sabvest, an investment company with a portfolio of more than R4bn of mostly unlisted assets, again partnered with vibrant empowerment group Masimong, taking an influential stake in unlisted liquor group Halewood SA...

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