Distell Group Holdings Limited (JSE:DGH) agreed to spin off Capevin Holdings Proprietary Limited on November 15, 2021. As part of the Scheme, all the Capevin Ordinary Shares will be distributed by Distell to Distell Ordinary Shareholders on a pro rata and on a one for one basis to their holding of Distell Ordinary Shares. Transaction is subject to regulatory and shareholders approval. As of February 15, 2022, Distell Group shareholders approved the distribution.

Distell Group Holdings Limited (JSE:DGH) completed the spin off of Capevin Holdings Proprietary Limited on April 26, 2023.