Johannesburg - Clover Industries Limited [JSE:CLR] had bought the Real Juice
Company (RJC) from AVI for R60m‚ Clover said in a JSE statement on Wednesday
morning.
“RJC enjoys strong brand recognition in the Cape region and
we believe that efficiencies can be unlocked through Clover’s extensive sales
and distribution network‚" said Johann Vorster‚ Clover's CE.
Clover also declared a gross preference dividend amounting
to 6.16675 cents per preference share for the period ending September 30 this
year. The dividend net of dividend withholding tax amounts to 5.24174 cents per
preference share.
* Follow
Fin24 on Facebook,
Twitter and Google+.