Pioneer Foods has become South Africa’s fourth-largest food group after listing on the Johannesburg Stock Exchange.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company made its stock-market debut yesterday (23 April) and saw its market capitalisation reach almost ZAR6bn (US$77.1m).


Pioneer plans to raise ZAR500m on the JSE and broaden its shareholder base through a rights issue at ZAR25 per share. It is expected that the rights issue will subdue the share price.


The ZAR500m raised will be used to expand Pepsi, Weet-Bix and Pioneers bread bakeries, the group has indicated.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now