The deal includes a R150-million commitment by the food producer to establish a community trust aimed at socioeconomic development initiatives benefiting the Langeberg community. This trust will hold ...

South Africa-based Tiger Brands has agreed to sell its deciduous canned fruit business units Langeberg and Ashton Foods. The sale, which comes five years after Tiger Brands announced its intention to ...

JOHANNESBURG, May 16 (Reuters) - South Africa's Tiger Brands (TBSJ.J), opens new tab will sell its canned fruit business, Langeberg and Ashton Foods, as a going concern for a symbolic one rand to a ...

The reshaping of Tiger Brands’ business is set to continue, with another of the South African group’s units being prepared for the block. Tiger has hired advisers at South Africa-based financial ...

The sale, which comes five years after Tiger Brands announced its intended exit, is to a newly formed company (Newco) established by a capable and committed consortium comprised of parties with a ...

South Africa food business Tiger Brands has announced it is to extend the operations of its up-for-sale deciduous fruit arm for another season as no buyer has yet been found for the business. The move ...

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Food producer, Tiger Brands, has announced the sale of Langeberg & Ashton Foods (LAF) to a consortium of local fruit producers and partners for R1 after failing to ascertain its commercial viability ...

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