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Premier Group acquires RFG Holdings amid controversy

PRIVATEOct 10, 2026

Acquiring Company

Premier Group

Acquired Company

RFG Holdings

South AfricaSouth AfricaFood and BeverageGroceryRetailFood and Beverage

Description

The Competition Commission is seeking to overturn its approval of Premier Group's acquisition of RFG Holdings, citing undisclosed discussions about the closure of a key facility. This unprecedented move has sparked backlash from Cosatu, which threatens disruptions to Premier's operations. The outcome of this case could significantly impact the future of food production in South Africa.

Company Information

Company

Premier Group

Location

South Africa

About

Premier Group is a South African consumer foods and packaged goods company. It operates a wide range of food brands including Blue Ribbon and Snowflake. The company manages 28 distribution centres and exports products to 41 countries. Premier aims to enhance its market presence through strategic acquisitions.

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Frequently asked

Who acquired RFG Holdings?

RFG Holdings was acquired by Premier Group, based in South Africa. The deal was reported on October 10, 2026. Premier Group is a South African consumer foods and packaged goods company. It operates a wide range of food brands including Blue Ribbon and Snowflake. Premier Group is privately held and operates in Food and Beverage.

When did Premier Group acquire RFG Holdings?

Premier Group's acquisition of RFG Holdings was reported on October 10, 2026. The Competition Commission is seeking to overturn its approval of Premier Group's acquisition of RFG Holdings, citing undisclosed discussions about the closure of a key facility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RFG Holdings do?

RFG Holdings is a leading producer of convenience meal solutions in South Africa. It markets several well-known brands, including Rhodes Quality and Bull Brand. RFG has a strong market presence in both fresh and long-life product categories. It is privately held, operating in Food and Beverage, and is based in South Africa.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.