Tag: Remgro
Cheers! – Heineken to toast Distell?
BEER brewing giant Heineken has set its sights on Stellenbosch-based liquor group Distell.
Distell, which has Remgro and the Public Investment Corporation (PIC) as its mainstay investors, has issued cautionary announcements indicating...
Will RCL changes feed into acquisitions?
MILES Dally, the long serving CEO of Remgro-controlled consumer brands giant RCL Foods, will retire at the end of November - perhaps heralding a new strategy to build up the grocery...
A win with fibre
STELLENBOSCH-based investment giant Remgro might have its roots in the old economy, but its acumen for making smart technology investments should not be underestimated.
The group's tilt at building a compelling fibre...
REMGRO’s fibre tigers
STELLENBOSCH-based investment giant Remgro is making a big bet on the local fibre optic industry.
The group’s latest set of results shows that Remgro bumped up its investment in Community Investment Venture...
Remgro sell Unilever South Africa stake for R11.9bn
Remgro, a leading South African investment company, has announced that its subsidiary is selling its 26% stake in Unilever South Africa Holdings to Unilever for a deal worth R11.9bn (US$894mn) that...
Habits of the rich and famous
THE Ruperts, the Stellenbosch-based family that controls investment giants Remgro and Reinet, as well as luxury goods specialist Richemont – is well known for successfully capitalising on consumers’ (sometimes bad) habits.
...
Container brothers pack it in
Two of Cape Town’s most successful industrialists, brothers Neil and Cecil Jowell, have retired after more than six decades of involvement at the ever-morphing transport business Trencor. Neil and Cecil are...
The Cape’s financial landscape
Cape Town is often viewed as the hub of money management – an image obviously enhanced by the fact that two of the country’s most iconic savings institutions, Sanlam and Old...
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Two SAB plants get R5.8 billion upgrades
The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants.
The company said...
