AVI Limited (Public, JNB:AVI) is a South Africa-based consumer products company. The Company comprises trading subsidiaries that manufacture, process, market and distribute consumer products in the food, beverage, footwear, apparel and cosmetics sectors.
The Company operates in six segments:
Entice, which is engaged in sale of tea, coffee, creamer and chilled fruit juice, primarily in South Africa
Snackworx, which is engaged in sale of sweets and savory biscuits, and baked and fried potato and maize snacks, primarily in South Africa
Chilled and frozen Convenience Brands, which is engaged in marketing and distribution of seafood in local and international markets
Out of Home, which is engaged in supplying of coffee and beverage service solutions to the out-of home consumption market, including airports, hotels, caterers, restaurants and corporates
Fashion brands, which is engaged in providing personal care, footwear and apparel offerings
Corporate, which provides direction to its subsidiaries.
Private equity fund acquires Morenot majority stake Norway
FSN Capital V has acquired a majority stake in Norway based Mørenot Holding II, a world leading supplier of equipment and services to the world’s fishery- and aquaculture industries as well as marine seismic.
EU and Côte d'Ivoire renew fishing agreement European Union
The negotiations held in Abidjan have allowed the European Union and Côte d'Ivoire to agree on a new fisheries partnership protocol that gives access to Ivory Coast waters to 36 EU vessels.
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