RCL Foods Limited is a South African consumer goods and milling company. Founded in 1960 as Rainbow Chicken Ltd, the company has its headquarters in Westville near Durban and employs over 20,000 people. RCL is 77.7% owned by the South African investment firm Remgro.
RCL Foods was founded in 1960
RCL Foods executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; WesBank, an instalment finance provider; and Ashburton Investments, the group’s asset management business.
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RCL Foods Information
| Industry | Consumer Goods |
|---|---|
| Predecessor | Rainbow Chicken Ltd. |
| Founded | 1960 |
| Headquarters |
Westville, KwaZulu-Natal, South Africa
|
|
Area served
|
South Africa, Swaziland, Namibia, Botswana, and Zambia |
|
Key people
|
Miles Dally (CEO) Rob Field (CFO) Jannie Durand (chairman) |
| Revenue | R12.9 billion (FY 2015) |
|
Operating income
|
R1.1 billion (FY 2015) |
|
Net income
|
R751.8 million (FY 2015) |
|
Number of employees
|
20,479 |
| Website | www.rclfoods.com |
Source – Wikipedia.
