Acquiring Company
Premier Foods
Acquired Company
Rhodes Food Group
Description
Premier Foods has completed a merger with Rhodes Food Group, acquiring control over the company's assets including the Tulbagh canning factory. This merger was approved by the Competition Tribunal in March under specific conditions regarding employee retrenchments. The closure of the Tulbagh factory has sparked controversy with unions accusing Premier Foods of violating the merger's conditions. The Competition Commission is currently investigating the situation.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Rhodes Food Group?
Rhodes Food Group was acquired by Premier Foods, based in United Kingdom. The deal was reported on September 1, 2026. Premier Foods is one of the UK's largest food businesses, known for its portfolio of well-loved food brands. Premier Foods is privately held and operates in Food and Beverage.
When did Premier Foods acquire Rhodes Food Group?
Premier Foods's acquisition of Rhodes Food Group was reported on September 1, 2026. Premier Foods has completed a merger with Rhodes Food Group, acquiring control over the company's assets including the Tulbagh canning factory. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rhodes Food Group do?
Rhodes Food Group is a food processing company in South Africa, specializing in canned, frozen, and chilled food products. The company aims to deliver high-quality, nutritious food to consumers. It focuses on sustainability and supporting local agriculture. It is privately held, operating in Food and Beverage, and is based in South Africa.
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