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AholisticsolutionforClover

The challenge

Clover, a leading food and beverage group in South Africa required investment to further expand across sub-Saharan Africa. This expansion called for a partner with on-the-ground expertise, who could unlock value for its shareholders across the continent.

The RMB solution

Acting as sole financial adviser and funder, RMB attracted foreign direct investment (fdi) into Clover, and facilitated the acquisition and delisting of Clover from the JSE. This transaction highlights the opportunity for strong South African brands to attract fdi, and expand their scope of distribution beyond our borders through working with a trusted adviser.

Proven results

The delisting and acquisition of Clover delivered meaningful value, enabling the home-grown brand to realise its vision of growth.

Client Clover Industries Limited
Deal value R4.8-bn
Sector Manufacturing
RMB's role Sole financial adviser and funder