RCL foods to make R80m Botswana acquisition

From SENS RCL Foods, through one of its operating subsidiaries Vector Logistics (Pty) Ltd, has entered into an agreement to acquire a 49% shareholding in Senn Foods Logistics (Pty) Ltd of Botswana, for P65.5m (R79.9m). The acquisition was subject to regulatory approvals in Botswana and South Africa, and RCL Foods is pleased to confirm that the necessary approvals have been obtained … Read more