RCL Foods to spin-off chicken, sugar businesses
The South Africa-based group wants to “unlock growth” from its groceries and baking businesses through focusing investments on that division.
RCL Foods
South Africa’s RCL Foods names new CEO
The owner of Rainbow chicken and Supreme flour has promoted an executive to the hot seat.
Livekindly Collective forms South African venture with local firm RCL Foods
Livekindly Collective, the US-based vegetarian-foods supplier, has forged a plant-based joint venture business in South Africa with a local firm.
South Africa’s RCL Foods launches strategic review
South Africa's RCL Foods said it is in the early stages of a review to assess options for its diversified portfolio.
Covid-19 food industry updates – Friday 18 September (free to read)
just-food is providing daily updates on how the Covid-19 pandemic is affecting the world's packaged food sector.
Another profit warning from South Africa’s RCL Foods
RCL Foods, the major South African manufacturer, has announced another profit warning ahead of the planned publication of its annual results next week. The company expects the headline earnings per share…
South Africa’s RCL Foods issues Covid-19 profit warning
South Africa-based RCL Foods has issued a profit warning related to the coronavirus outbreak and the subsequent lockdowns and suspension of its foodservice operations. The publicly-listed branded and private-label food…
South Africa’s RCL Foods confirms FY earnings slide
RCL Foods, the South Africa-based manufacturer, has given more details on the extent to which its annual earnings have fallen in the company's most recent financial year. In June, RCL…
South Africa’s RCL Foods green-lighted for facility sale
South Africa's RCL Foods has been given the all-clear by the country's Competition Commission to sell its facility at Bronkhorstpruit to In2Food. The Bronkhorstspruit facility produces prepared meals, chilled cakes…
Rhodes Food in deal for RCL’s protein-snacking business
South Africa's Rhodes Food Group is planning to purchase an unnamed protein-snacking business from local peer RCL Foods. Western Cape-based Rhodes made the announcement in conjunction with its full-year results,…
New Coller FAIRR food index raises concerns over ”high-risk” firms
A new index launched by investor network FAIRR has identified 36 global meat and fish companies as "high risk" when it comes to health, environmental and social issues. The gauge…
