Knowledge (XXG)

Vivian Imerman

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investment between 2013 and 2018. In Ethiopia, Vasari Beverages owns 98% of the controlling offshore company of Dashen Brewery, one of Ethiopia's largest breweries and Rorank Distillery one of East Africa's largest distillers. In 2016, Vasari Beverages acquired the operational assets of South African drinks firm KWV for $ 85m one of the leading and oldest spirits and wine producers in South Africa.
154:. He then expanded into food distribution, listing an additional three companies on the stock exchange in South Africa. During the late 1980s, when Western companies were divesting themselves of assets in South Africa due to Apartheid, he purchased assets at prices far below their real value. In 1989, he bought the South African assets of both 189:; there, he administered an aggressive cost-cutting program, and increased his ownership interest, from 35 percent to 60 percent, by buying out 60 shareholder employees. In 2005, Imerman and the Tchenguiz brothers purchased the remaining interest in the firm, then, in 2007, sold the company to Indian-based 197:
In 2019, Vasari Beverages announced an additional $ 100m capital raise. Pan-African investment bank RMB served as the sole mandated lead arranger and funder. The funds will be used to double production capacity of Dashen to 5 million hectolitres of beer per annum, and triple the production capacity
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for £595 million (then, US$ 1.2 billion), of which Imerman received £380 million. Imerman leads Vasari Global, a specialist Global Consumer Goods Investor, and Vasari Beverages, a leading frontier and emerging market alcoholic beverages investor that has deployed more than $ 250m in capital
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In the early 1980s, he expanded his business, first, into the purchase of damaged goods (which he would then repair and resell for a profit), then, into the distribution of branded pharmaceuticals. The pharmaceutical business boomed and, in 1987, Imerman listed his company on the
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and the Ferro chemical group. The Nabisco purchase gave him the option of purchasing Del Monte International, which he did in 1993, backed by an investment from South African mining company
133:. His father, Samuel Imerman, was a chemist. He attended college seeking a degree in business law but never completed his studies. He was conscripted into the South African Army during 499: 494: 302: 489: 141:. Thereafter he worked for his father's chemical brokering business and then started his own company purchasing surplus chemicals and reselling them. 410: 447: 474: 327:
The Independent: "Vivian Imerman eyes Whyte & Mackay acquisition as Diageo agrees to sell over competition concerns" by Simon Neville
166:, tripling the value of the business to £400 million. In 1999, he sold his remaining stake in the fruit company and moved to London. 314: 246: 364: 411:"Meet the ultra-rich South Africans you’ve probably never heard of", Business tech, 18 May 2018. Accessed 21 March 2019. 479: 151: 422: 122: 47: 291: 163: 138: 105:(born 21 September 1955) is a South-African born businessman and former CEO of Del Monte International and 484: 202: 190: 385: 469: 227:
Imerman is now married to Gina Gervis, his first wife and mother of his three grown-up children.
159: 130: 118: 448:"Multimillionaire faces Britain's biggest divorce payout", by Gordon Rayner and Rowena Mason, 221: 174: 162:; he later purchased 50% of Del Monte Asia. In 1995, he listed Del Monte International on the 217: 178: 170: 106: 463: 177:; they partnered and purchased a minority interest in the distiller Kyndal (now 126: 315:
Herald Scotland: "Imerman eyes a bid for Whyte & Mackay" by Greig Cameron
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He married South African Gina Gervis in 1981; they had three children. .
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In 2001, he married Lisa Tchenguiz, sister of his business partners
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The Daily Telegraph: "Lisa Tchenguiz and Vivian Imerman: profiles"
423:"Del Monte chief Vivian Imerman agrees £15m divorce settlement" 386:"Vasari Beverages raises $ 100m capital to expand in Ethiopia" 186: 185:. Immerman served, first, as executive chairman, and then as 292:
ES Magazine: The grapes of wrath" by Mark Hollingsworth
181:) with a £190 million loan from German investment bank 198:
of Rorank to 25 million litres of alcohol per annum.
242: 240: 92: 80: 62: 54: 30: 23: 365:"Imerman-owned drinks group secures $ 100 million" 205:in 2018, with a reported fortune of £390 million. 303:Businessweek: "Executive Profile: Vivian Imerman 500:South African people of Russian-Jewish descent 495:South African emigrants to the United Kingdom 109:. He was nicknamed 'The Man from Del Monte.' 8: 452:, 21 January 2010. Accessed 21 March 2019. 20: 287: 285: 283: 281: 279: 277: 275: 129:who emigrated to South Africa after the 273: 271: 269: 267: 265: 263: 261: 259: 257: 255: 236: 16:South African businessman (born 1955) 7: 224:. They separated in December 2008. 14: 490:Businesspeople from Johannesburg 1: 475:South African businesspeople 169:In London, he met brothers 152:Johannesburg Stock Exchange 516: 305:retrieved 29 December 2013 123:Johannesburg, South Africa 48:Johannesburg, South Africa 201:Imerman appeared on the 164:Singapore Stock Exchange 139:South African Border War 125:. His grandfather was a 113:Early life and education 203:Sunday Times Rich List 191:United Spirits Limited 117:Imerman was born to a 88:--one with Tchenguiz 103:Vivian Saul Imerman 86:--three with Gervis 25:Vivian Saul Imerman 480:South African Jews 429:. 22 February 2013 160:Anglo American plc 137:and fought in the 131:Russian Revolution 222:Vincent Tchenguiz 175:Vincent Tchenguiz 100: 99: 41:21 September 1955 507: 454: 445: 439: 438: 436: 434: 419: 413: 408: 402: 401: 399: 397: 382: 376: 375: 373: 371: 361: 355: 354: 352: 350: 336: 330: 329:29 November 2013 324: 318: 317:30 November 2013 312: 306: 300: 294: 289: 250: 244: 218:Robert Tchenguiz 179:Whyte and Mackay 171:Robert Tchenguiz 107:Whyte and Mackay 44: 40: 38: 21: 515: 514: 510: 509: 508: 506: 505: 504: 460: 459: 458: 457: 446: 442: 432: 430: 421: 420: 416: 409: 405: 395: 393: 384: 383: 379: 369: 367: 363: 362: 358: 348: 346: 338: 337: 333: 325: 321: 313: 309: 301: 297: 290: 253: 249:22 January 2010 245: 238: 233: 211: 147: 115: 87: 85: 75: 50: 45: 42: 36: 34: 26: 17: 12: 11: 5: 513: 511: 503: 502: 497: 492: 487: 482: 477: 472: 462: 461: 456: 455: 440: 414: 403: 392:. 23 June 2019 390:Verdict Drinks 377: 356: 331: 319: 307: 295: 251: 235: 234: 232: 229: 210: 207: 146: 143: 114: 111: 98: 97: 96:Samuel Imerman 94: 90: 89: 82: 78: 77: 74: 73: 72:Lisa Tchenguiz 70: 66: 64: 60: 59: 56: 52: 51: 46: 32: 28: 27: 24: 15: 13: 10: 9: 6: 4: 3: 2: 512: 501: 498: 496: 493: 491: 488: 486: 485:Living people 483: 481: 478: 476: 473: 471: 468: 467: 465: 453: 451: 450:The Telegraph 444: 441: 428: 424: 418: 415: 412: 407: 404: 391: 387: 381: 378: 366: 360: 357: 345: 344:Vasari Global 341: 335: 332: 328: 323: 320: 316: 311: 308: 304: 299: 296: 293: 288: 286: 284: 282: 280: 278: 276: 274: 272: 270: 268: 266: 264: 262: 260: 258: 256: 252: 248: 243: 241: 237: 230: 228: 225: 223: 219: 214: 209:Personal life 208: 206: 204: 199: 195: 192: 188: 184: 180: 176: 172: 167: 165: 161: 157: 153: 144: 142: 140: 136: 132: 128: 124: 120: 112: 110: 108: 104: 95: 91: 83: 79: 71: 68: 67: 65: 61: 57: 53: 49: 43:(age 68) 33: 29: 22: 19: 449: 443: 431:. Retrieved 427:the Guardian 426: 417: 406: 394:. Retrieved 389: 380: 368:. Retrieved 359: 347:. Retrieved 343: 334: 322: 310: 298: 226: 215: 212: 200: 196: 168: 148: 116: 102: 101: 18: 470:1955 births 127:Russian Jew 69:Gina Gervis 58:businessman 464:Categories 340:"About us" 231:References 121:family in 76:(divorced) 55:Occupation 37:1955-09-21 396:22 August 370:22 August 349:22 August 135:Apartheid 81:Children 433:31 July 156:Nabisco 63:Spouses 183:WestLB 145:Career 119:Jewish 93:Parent 435:2020 398:2019 372:2019 351:2019 220:and 173:and 84:four 31:Born 187:CEO 466:: 425:. 388:. 342:. 254:^ 239:^ 39:) 437:. 400:. 374:. 353:. 35:(

Index

Johannesburg, South Africa
Whyte and Mackay
Jewish
Johannesburg, South Africa
Russian Jew
Russian Revolution
Apartheid
South African Border War
Johannesburg Stock Exchange
Nabisco
Anglo American plc
Singapore Stock Exchange
Robert Tchenguiz
Vincent Tchenguiz
Whyte and Mackay
WestLB
CEO
United Spirits Limited
Sunday Times Rich List
Robert Tchenguiz
Vincent Tchenguiz


The Daily Telegraph: "Lisa Tchenguiz and Vivian Imerman: profiles"





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