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rcl foods ltd/south africa (RCL) Snapshot

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12/31/14 - $1,950
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02/26/14 - $1,302
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rcl foods ltd/south africa (RCL) Details

RCL Foods Limited, through its subsidiaries, engages in the food business in South Africa. The company operates in five segments: Foodcorp, Rainbow, TSB, Vector, and Zambian operations. It processes and markets chicken under the Rainbow, Farmer Brown, Rainbow FoodSolutions, Epol, and Cobb brand names. The company also manufactures, markets, and distributes a range of food products comprising grain and edible oil-based products, sorghum, peanut butter, rusks, and pet foods, as well as salad dressings, dips, and spreads; meat pies under the Pieman’s brand; and ready-to-eat products, such as sandwiches, muffins, desserts, snack foods, scones, rye breads, cake products, pastries, and croissants. In addition, it produces maize based health drink under the Mageu No 1, Smooth, Phuzimpilo, and Mnandi brands; and operates seven bakeries, one flour mill, and one maize mill. Further, the company engages in the production, marketing, sale, and distribution of sugar under the Selati brand; and manufactures animal feed from by-products of the sugar manufacturing process under the Molatek brand. Additionally, it provides third-party logistics services for frozen goods. The company was formerly known as Rainbow Chicken Limited and changed its name to RCL Foods Limited in August 2013. RCL Foods Limited was founded in 1960 and is based in Westville, South Africa. RCL Foods Limited is a subsidiary of Remgro Limited.

17,958 Employees
Last Reported Date: 10/2/14
Founded in 1960

rcl foods ltd/south africa (RCL) Top Compensated Officers

Chief Executive Officer, Managing Director, E...
Total Annual Compensation: R7.9M
Chief Financial Officer, Financial Director, ...
Total Annual Compensation: R3.6M
Compensation as of Fiscal Year 2014.

rcl foods ltd/south africa (RCL) Key Developments

RCL Foods Group Announces Executive Changes

RCL Foods Board's proposed implementation of a top level restructure within the RCL Foods Group. Scott Pitman, currently MD of Rainbow, has been appointed MD of the Consumer division and John du Plessis, currently MD of TSB, has been appointed MD of the Sugar and Milling division. Cliff Sampson, currently MD of Foodcorp, has elected not to accept a position within the restructured RCL Foods Group and, as such, will leave the business at the end of December 2014.

RCL Foods Limited to Report Fiscal Year 2014 Results on Sep 30, 2014

RCL Foods Limited announced that they will report fiscal year 2014 results on Sep 30, 2014

RCL Foods Limited, Annual General Meeting, Nov 13, 2014

RCL Foods Limited, Annual General Meeting, Nov 13, 2014., at 08:30 South Africa Standard Time. Location: Six The Boulevard. Agenda: To transact the business as stated in the annual general meeting notice forming part of the annual financial statements.


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