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Two South African companies to create R28 billion food giant | SA News

Luke Fraser
 ·3 Jan 2026

Premier Group is one of South Africa’s leading food producers, with the company set to benefit from the acquisition of RFG. 

Sean Culverwell, Investment Analyst at Anchor Capital, said that Premier is headlined by its flagship Blue Ribbon brand, which makes it the “Shoprite” of milling and baking. 

“The company’s growth strategy hinges on three core drivers: single-digit revenue growth, operating margin expansion, and declining finance costs,” said Culverwell.

“Premier’s consistent execution against these levers has delivered…

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  2. Fun South African Fact: Water is not all there is to drink in this thirsty country! South Africa’s Cape Winelands have around 560 wineries and 4 400 primary producers. Included in the Cape Winelands region is Route 62, considered the longest wine route in the world. That alone is good reason to visit South Africa if you haven’t yet been!