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Premier acquires Rhodes Food Group amid job concerns
PRIVATEAug 01, 2026•8 days ago
Acquiring Company
Premier Group
Acquired Company
Rhodes Food Group
South AfricaSouth AfricaFood and BeverageGroceryRetailFood and BeverageAgriculture and FarmingHospitalityFood Processing
Description
The Competition Commission is investigating Premier Group's recent acquisition of Rhodes Food Group due to potential breaches of merger conditions involving job preservation. Premier's planned closure of a fruit canning factory raises concerns about its commitments to maintain employment. Farmers fear significant job losses in South Africa's canned fruit industry as a result of this acquisition-related issue.
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.
South Africa