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Remgro
Remgro Limited is an investment holding company based in Stellenbosch, South Africa. It has interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products. In 2015, Forbes listed Remgro as the 9th biggest publicly traded company in South Africa and 1436th in the world. History Remgro traces its roots from Voorbrand Tobacco Company (renamed Rembrandt Trust in 1948) that was founded in the 1940s by Dr Anton Rupert. Remgro was incorporated in 1968 as Rembrandt S.A. Limited (Remsa), a wholly owned subsidiary of JSE listed Rembrandt Group. In 2000, the Rembrandt Group of companies underwent a corporate restructure that led to the consolidation of the group's investments from four to two publicly traded holding companies i.e. Remgro and VenFin. VenFin acquired the group's technology-orientated assets while Remgro acquired the traditional assets. After the spin-off of the BAT stake in 2008, Rem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distell Group Limited
Distell Group Limited, commonly referred to as Distell, is a multinational brewing and beverage company, based in South Africa. Overview Distell Group Limited is a producer and marketer of spirits, fine wines, ciders and ready-to-drinks. The group's headquarters are in Stellenbosch, South Africa. As at February 2014, Distell had 5,300 employees worldwide and an annual turnover of ZAR 17.7 Billion. History Distell Group Limited traces its roots to two major alcoholic beverage companies in South Africa, Stellenbosch Farmers' Winery (SFW) and Distillers Corporation, that merged on 4 December 2000. Merger Stellenbosch Farmers' Winery Stellenbosch Farmers Winery Group (SFW) the founder member of Distell Group was formed in 1925 by William Charles Winshaw, an American medical doctor. As at the year 2000, SFW produced and distributed wine and spirits as well as non-alcoholic beverages through retail outlets South Africa and across the world. In 1956 Stellenbosch Farmers Winer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rand Merchant Insurance Holdings
Rand Merchant Investment Holdings, also referred to as RMI Holdings, is a listed financial services investment holding company that holds various insurance brands in South Africa, Australia, China, Mauritius, New Zealand, Republic of Ireland, Singapore, the United Kingdom and the United States of America. Overview RMI Holdings is listed on the JSE and insurance and investment products and services to retail, commercial, corporate and public sector customers. The group has its headquarters in Sandton, South Africa. History RMI Holdings was incorporated and registered in South Africa on 24 March 2010 as a wholly owned subsidiary of RMB Holdings. On 7 March 2011, RMB Holdings (RMBH)'','' ''''Remgro and FirstRand span off their insurance assets to RMI Holdings and separately listing it on the JSE. RMB Holdings Restructure The RMB Holdings restructure was announced on 10 December 2010. Its aim was to create separate focused insurance and banking entities. Prior to the restructu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RMB Holdings
RMB Holdings Limited (RMBH), previously known as Rand Merchant Bank Holdings, is a South African diversified financial services holding company. Overview RMB Holdings is listed on the JSE with its headquarters in Sandton, South Africa. History RMB Holdings traces its roots from Rand Consolidated Investments (RCI) and Rand Merchant Bank that were founded in 1977 and 1968 respectively. RCI was co-founded by Paul Harris, Gerrit Ferreira and Lauritz Dippenaar. Its objective was to offer leveraged leasing and off-balance-sheet financing to businesses. RCI failed to secure a banking licence, this led to the firm joining forces with Johann Rupert's Rand Merchant Bank in 1985. The newly created entity took up the Rand Merchant Bank name. 1987 to 2010 In 1987, RMB Holdings was found as the holding company for the expanding Rand Merchant Bank. RMB Holdings was listed through a reverse listing when it took control of Momentum Life on 1 July 1992. RMB Holdings acquired 30% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rand Merchant Bank
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. Overview Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. In addition to South Africa, the group operates in eight key African countries, namely, Botswana, Namibia, Swaziland, Lesotho, Zambia, Mozambique, Tanzania, Ghana and Nigeria. FirstRand Bank has branches in London, Guernsey and India. FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anton Rupert
Anthony Edward Rupert (4 October 1916 – 18 January 2006) was a South African businessman, philanthropist, and conservationist. He was born and raised in the small town of Graaff-Reinet in the Eastern Cape. He studied in Pretoria and ultimately moved to Stellenbosch, where he established the Rembrandt Group and where it still has its headquarters. He died in his sleep at his home in Thibault Street, Stellenbosch at the age of 89. Early life After dropping out of medical school due to a lack of funds, Rupert earned a chemistry degree at the University of Pretoria, where he also lectured for a short while. Subsequently, he started a dry-cleaning business. Some time later, with an initial investment of GBP 10 and together with two fellow investors, he started manufacturing cigarettes in his garage, which he eventually built into the tobacco and industrial conglomerate Rembrandt Group, overseeing its transition to the industrial and luxury branded goods sectors, with Rembrandt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Rand
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. Overview Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. In addition to South Africa, the group operates in eight key African countries, namely, Botswana, Namibia, Swaziland, Lesotho, Zambia, Mozambique, Tanzania, Ghana and Nigeria. FirstRand Bank has branches in London, Guernsey and India. FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unilever
Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, toothpaste, pet food, pharmaceutical and consumer healthcare products, tea, breakfast cereals, beauty products, and personal care. Unilever is the largest producer of soap in the world and its products are available in around 190 countries. Unilever's largest brands include Lifebuoy, Dove, Sunsilk, Knorr, Lux, Sunlight, Rexona/Degree, Axe/Lynx, Ben & Jerry's, Omo/Persil, Heartbrand (Wall's) ice creams, Hellmann's and Magnum. Unilever is organised into three main divisions: Foods and Refreshments, Home Care, and Beauty & Personal Care. It has research and development facilities in China, India, the Netherlands, the United Kingdom, and the United States. Unilever was founded on 2 September 1929, by the merger of the British soapma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johann Rupert
Johann Peter Rupert (born 1 June 1950) is a South African billionaire businessman, who is the eldest son of business tycoon Anton Rupert and his wife Huberte. He is the chairman of the Swiss-based luxury-goods company Richemont and the South Africa-based company Remgro. Since April 2010, he has been the CEO of Compagnie Financiere Richemont. Rupert and family were ranked second-richest in South Africa on the 2021 ''Forbes'' list, with an estimated net worth of US$7.1 billion. Personal life Rupert grew up in Stellenbosch, where he attended Paul Roos Gymnasium and the University of Stellenbosch, studying economics and company law. He dropped out of the university to pursue a career in business, however, in 2004, the university awarded him an honorary doctorate in Economics. In 2008, he was awarded an honorary doctorate from Nelson Mandela Metropolitan University. Described as "reclusive" by the ''Financial Times'' and ''Barron's'', Rupert rarely gives interviews and shuns public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rembrandt Group
The Rembrandt Group, officially known as Rembrandt Trust (Proprietary) Limited, is a South African tobacco and industrial conglomerate founded by Afrikaner tycoon Dr Anton Rupert who oversaw its eventual transition to the industrial and luxury branded goods sectors. Rembrandt was split into Remgro (an investment company with financial, mining and industrial interests) and Richemont (a Swiss-based luxury goods group). History Dr Rupert originally established the tobacco company "Voorbrand" in the 1940s. He soon renamed it Rembrandt Ltd. The first Rembrandt cigarettes were manufactured in an old flour mill in Paarl. Four years later Rupert introduced the world to the first king-sized cigarette filter. It was a wild success and it was on the back of this and a R1,5 million loan from Sanlam that Rembrandt's vast overseas empire was built. In 1968, it incorporated Remgro as an investment holding company with interests in financial, mining and industrial interests. In 1972, Rembrandt's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mediclinic International
Mediclinic International plc, founded in 1983, is an international private hospital group with operations in South Africa, Namibia, Switzerland and the United Arab Emirates. The Group's head office is based in Stellenbosch, South Africa. It has been listed on the JSE, the South African securities exchange, since 1986. It is also listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index. History Mediclinic International was founded in 1983 in Stellenbosch, South Africa when its current chairman, Dr Edwin Hertzog, was commissioned by the then Rembrandt Group (now Remgro Group) to undertake a feasibility study on how profitable private hospitals could be. Three years later Mediclinic International, running four hospitals in commission and three hospitals under construction, listed on the JSE, the South African stock exchange in 1986. In 2006, Mediclinic reached agreement to acquire a controlling interest in Emirates Healthcare in Dubai, United Arab Emirates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RCL Foods Limited
RCL Foods Limited is a South African consumer goods and milling company. Founded in 1960 as Rainbow Chicken Ltd, the company has its headquarters in Westville near Durban, and employs over 20,000 people. RCL is 77.7% owned by the South African investment firm Remgro. In 2017, the company announced it would be cutting its workforce by 1,350 people due to increased chicken imports into South Africa from Europe and the US following the signing of trade agreements with them. Foodcorp In 2012, RCL bought a controlling 64.2% stake in the South African packaged foods company Foodcorp for R1.037 billion. In July 2013, RCL completed its buyout of Foodcorp by acquiring a final 23.9% stake for R393 million increasing its total holding in the company to 88.1%. Foodcorp was created following the merger between Kanhym and Fedfood in 1992 making it one of South Africa's largest food companies. 2007 Foodcorp price fixing In December 2012, Foodcorp voluntarily paid a R88 million fine t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discovery Limited
Discovery Limited is a South Africa-based financial services group that is listed on the Johannesburg Stock Exchange (JSE) with its headquarters in Sandton. Overview Discovery Limited engages in long and short-term insurance, asset management, savings, investment and employee benefits through its various brands. The Group has subsidiaries in South Africa, the United Kingdom, the United States, China, Singapore, and Australia. History Discovery Limited was founded in 1992 by Adrian Gore and Barry Swartzberg. In the same year, RMB Holdings (RMBH) acquired a stake in the business by making Discovery Limited its subsidiary through Momentum Group (now part of MMI Holdings Limited). In 1998, the Momentum Group became part of First Rand after the merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMBH to achieve the objective of a unified financial services grouping. With First Rand Group owning 75 perce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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