Rhodes Food Group is now JSE-listed

RHODES Food Group Holdings, producer of convenience meal solutions in South Africa, is officially listed on the Johannesburg Stock Exchange, on 2 October 2014.

“The listing on the JSE will accelerate our Group’s organic and acquisitive growth strategy, and unlock new business opportunities,” said Bruce Henderson, CEO of Rhodes Food Group Holdings.

Rhodes Food Group manufactures canned fruit, jam, vegetable and meat products, fresh ready-made meals, pies, pastries and dairy. It is known for the following brands: Rhodes, Magpie, Bull Brand, Hazeldene, Portobello and Trout Hall, and private labels for local and international retailers.   

“Our existing businesses and brands have strong growth potential. Sub-Saharan Africa has some of the world’s fastest growing markets and is an area of particular focus. We believe there is significant opportunity for Rhodes, Bull Brand and some of our other brands to expand into this market.” 

The listing will enable the Group to increase its investment in expanding production capacity and efficiency at its facilities in South Africa and Swaziland.