RCL delivers its promised turnaround as Chicken strategy pays off
RCL Foods CEO Miles Dally says conditions were tough, but that the strategy of building a diversified food portfolio, with over 20 brands, is paying off.
RCL Foods CEO Miles Dally says conditions were tough, but that the strategy of building a diversified food portfolio, with over 20 brands, is paying off.
Remgro plans to raise more than R9.9 billion from shareholders as it considers deals including a right to buy SABMiller’s stake in Distell.
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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