Farmer Brown, Ouma Rusks owner RCL foods buys Imperial's cold chain business

accreditation
Getty Images
Getty Images

RCL Foods [JSE:RCL] – which owns well-known brands such as Ouma Rusks, Yum Yum Peanut Butter and Rainbow Chicken – has inked a deal with Imperial Logistics that will see it operating a more efficient cold chain, the company said on Wednesday.

The company did not say what the value of the deal was.

In food distribution, a cold chain refers to a temperature-controlled supply chain, which helps prolong shelf life and keep the produce fresh.

In addition to the abovementioned brands, RCL brands also include Pieman's pies, Nola mayonnaise, Selati sugar, Rainbow Chicken, and various pet foods.

Imperial Logistics is a mover of automotive, chemical and consumer goods in South Africa and internationally, with networks in 32 countries. It is operated by over 27 000 people, according to its website.  

In a statement on the JSE Stock Exchange News Service, RCL said its logistics division, namely Vector, had entered into an agreement with Imperial Logistics South Africa to acquire certain assets and staff relating to its cold chain business.

The deal would allow for the consolidation of two separate temperature-controlled distribution networks into one synergised network, RCL said.

All relevant approvals have been obtained and the transaction is effective from December 1, the statement said.

Compiled by Marelise van der Merwe

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
18.01
+0.3%
Rand - Pound
20.19
-0.1%
Rand - Euro
17.69
-0.0%
Rand - Aus dollar
11.62
-0.4%
Rand - Yen
0.12
+0.6%
Gold
1,664.42
+0.2%
Silver
19.41
+2.0%
Palladium
2,216.50
+2.3%
Platinum
867.90
+0.4%
Brent Crude
85.14
-2.4%
Top 40
57,302
-0.2%
All Share
63,669
-0.1%
Resource 10
60,334
+0.2%
Industrial 25
77,094
-0.4%
Financial 15
13,810
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders