• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
See More

Tiger Brands acquires canning firm

Dec 19 2011 10:50 I-Net Bridge

Company Data

TIGER BRANDS LIMITED [JSE:TBS]

Last traded 318
Change -8
% Change -2
Cumulative volume 1072559
Market cap 0

Last Updated: 24-04-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Tiger Brands anticipates earnings rise

Tiger Brands profit up, still on the prowl

Tiger boasts higher earnings

Tribunal hearing on McDonald's deal

Tiger Brands lifts earnings

UN: Food prices stabilising at high levels

 
Johannesburg - Diversified industrial group Tiger Brands [JSE:TBS] on Monday announced the acquisition of the remaining interests in Langeberg and Ashton Foods.

"An agreement had been reached with Ashton Canning Company to acquire the 33.3% shares in Langeberg and Ashton Foods that are held by Ashton," the company said.

As a consequence of the acquisition, which was effective from October 31, 2011, Tiger Brands, together with its wholly-owned subsidiary, Tiger Consumer Brands will hold 100% of the issued shares in Langeberg and Ashton Foods.

Langeberg and Ashton Foods is a fruit canning business situated in Ashton in the Western Cape and is one of the largest global fruit canners.

The majority of its production is exported to markets in the Far East, Europe and Middle East.
tiger brands  |  food industry

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

10 most expensive cars In the world

This is car porn at its best!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...