R/€ = 15.62 Change: 0.01
R/$ = 13.71 Change: 0.02
Au 1291.46 $/oz Change: -2.40
Pt 811.80 $/oz Change: 7.94


Dairy firm Clover says in takeover talks, shares jump

By: Reuters     19th October 2018 Clover Industries said on Friday it has entered into talks with an unnamed party that intends to acquire the entire issued share capital of the dairy company, sending its shares up nearly 12%. Clover, which processes products including yoghurt, beverages, cheese and olive oil, did not provide... 

Clover’s FY18 earnings rise despite challenging trading conditions

By: Marleny Arnoldi     12th September 2018 JSE-listed food and beverage group Clover Industries returned the business to historical profitability levels in the financial year ended June 30, declaring a final gross cash dividend of R92.9-million, or 48.6c apiece. The company reported normalised headline earnings of R394-million, which... 

Food producer Libstar bets on yoghurt to boost market share

By: Reuters     14th June 2018 South Africa's Libstar Holdings is launching a new range of yoghurt in a bid to gain market share from French group Danone and local leader Clover Industries in the country's competitive dairy sector. The new yoghurt ranges and shakes, traded by Libstar unit Lancewood will be launched by July, CE... 

Clover’s DFSA board appointments announced

By: Natasha Odendaal     6th July 2017 JSE-listed Clover Industries on Thursday announced that an initial board has been selected for its newly established wholly owned subsidiary Dairy Farmers of South Africa (DFSA). Dirk Reyneke has been named independent nonexecutive director and chairperson, with Louis Botha taking the reins as... 

R1bn Eastern basin treatment plant processes 94 Mℓ/d of AMD 

9th March 2017 Water and Sanitation Minister Nomvula Mokonyane has officially visited the Eastern Basin acid mine drainage treatment plant, in Springs, where she heaped high praise on the facility and its operators. 

Difficult trading conditions dull Clover’s H1 financial performance 

By: Natasha Odendaal     1st March 2017 As branded consumer goods and beverages group Clover Industries works its way through muted trading and economic conditions, the JSE-listed group is progressing a number of strategies to set it back on a growth path. Unpacking the lacklustre financial results for the half-year ended December 31,... 

Namibian Stock Exchange approves Clover secondary listing

By: Tracy Hancock     22nd April 2015 Branded consumer goods and beverages group Clover Industries, operating in South Africa and other selected African countries, has successfully listed on the Namibian Stock Exchange (NSX), following approval from the NSX for a secondary listing. Clover nonexecutive chairperson Werner Büchner said... 

Clover looking to make full use of its expanded capacity

By: Tracy Hancock     24th March 2015 With greater manufacturing and distribution capacities installed, JSE-listed Clover is looking to enter new product categories and aiming for its new value-added products to make up 20% of Clover Industries’ business over the medium term. At a media briefing in Rosebank on Tuesday, Clover... 

Werner Büchner

By: Natasha Odendaal     30th May 2014 Main Activity of the Company: Clover Industries is a processor of dairy and other fast-moving consumer goods 

Clover launches US ADR scheme to lift offshore shareholding

By: Natalie Greve     3rd December 2013 Food and beverage group Clover Industries on Tuesday launched its American Depositary Receipt (ADR) programme, in the US, through a sponsored ADR programme with BNY Mellon.  Each Clover DR represents ten ordinary shares and trades on the over-the-counter (OTC) market in the US. Commenting on the... 

Dairy group invests to bolster capacity, raise supply-chain efficiencies 

By: Samantha Herbst     5th April 2013 Branded consumer goods and beverages group Clover Industries officially launched the expansion of its long-life milk production facility in Perseverance, Port Elizabeth, last month. This will enhance the capacity of the factory from an initial 100-million units a year in June, 2010, to an... 


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