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    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
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    • Gama Market Entry
  • CATEGORIES
    • Food
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Sea Harvest Group

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South Africa: Sea Harvest Group to acquire Ladismith Cheese for $30.8 million

August 31, 2018
-
Food, Mergers & Acquisitions, Middle East & Africa

Fishing and food business Sea Harvest has entered into agreement to acquire South African dairy firm Ladismith Cheese for 527 million ZAR ($35.8 million). Sea Harvest group CEO, Felix Ratheb said: “Ladismith Cheese exhibits strong fundamentals. It is a profitable, branded fast moving consumer goods food manufacturer of significant scale in the food and agricultural sector”. “The acquisition of Ladismith Cheese will provide Sea Harvest, through its wholly-owned subsidiary company, …

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