CG Smith Foods Ltd is an investment management company with its parent company being CG Smith Ltd. The company's objective is to improve the wealth of shareholders by offering them a balanced portfolio of managed operations in food manufacturing, processing, and distribution, complemented by important investments in the pharmaceutical and fishing industries. An investment management company that holds a portfolio of food and pharmaceutical businesses with strong brands and dominant market shares C G Smith Foods Ltd is an investment management company that holds a portfolio of food and pharmaceutical businesses with strong brands and dominant market shares. The company's objective is to improve the wealth of shareholders by offering them a portfolio of managed operations in food manufacturing, processing and distribution complemented by investments in the pharmaceutical and fishing sectors. C G Smith Foods was incorporated in 1998, formerly listed as publicly quoted firm. Based in South Africa, C G Smith Food's headquarters is located in Sandton.
In addition, some of the company's subsidiaries include: Tiger Oats Ltd, an investment holding company with operations in food manufacturing, processing and distribution. Tiger Oats' divisions include branded consumer products, staple foods, ingredients, wholesaling, agri-business and international interests. It also has interests in pharmaceuticals, fishing and the barley-malt industry; Illovo Sugar, on the other hand, is Africa's biggest sugar producer and has extensive agricultural and manufacturing operations in six African countries.
C G Smith Foods' global owner is C G Smith Limited, one of the largest industrial companies listed on the Johannesburg Stock Exchange. C G Smith Limited is the parent company of a South African group focusing in the non-durable consumer goods sector. The group operates in a broad range of industries covering food, fishing, pharmaceuticals, packaging, paper and bulk liquid storage.
Port strike hits Bio Bio fishing sector Chile
It is estimated that some USD 243 million has been lost by the Bio Bío Region due to the national strike that since November 7 has been carried out by port workers.