Premier Seeks Acquisition of RFG Holdings to Transform South Africa's Food Sector

Premier aims to acquire RFG Holdings to create a dominant food producer in South Africa, potentially reshaping the market landscape and benefiting shareholders.

• Premier, a historic consumer-packaged goods company founded in 1824, is seeking to acquire RFG Holdings, enhancing its portfolio of South African brands like Manhattan.
• RFG Holdings specializes in food products, including dairy and canned goods, and is known for brands such as Rhodes and Bull Brand, making the acquisition impactful for consumers.
• The acquisition proposal will be presented to JSE Limited, where both Premier and RFGs common stock will be evaluated to determine shareholder approval and market implications.