Dursot acquires tomato processing factory - CNBC Africa

Dursot acquires tomato processing factory

Southern Africa

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The Limpopo Province produces more than 60 per cent of the tomatoes produced in South Africa. PHOTO: indianapublicmedia.org

[DATA AHL:AH-Vest], which produces products under the brand name, All Joy, also stated that South Africa has experienced a major shortage of tomato paste over an extended period of time. As a result of this, it has had to rely on imported products.

“As pure tomato paste is a vital ingredient in the group’s products, the group embarked on the acquisition of the factory from Tiger Brands and is now in the process of acquiring new state of the art equipment through Rossi Catelli to increase its capacity,” AH-Vest indicated.

(READ MORE: S.Africa’s AH-Vest expects loss for the year)

“This acquisition will guarantee the supply of quality tomato paste for both All Joy and Dursots and will benefit loyal customers that have supported the group for more than 25 years.”

It added that collectively the Dursots and All Joy group produces more than 50 million units of added-value products per annum under the All Joy, Dursots and Veri Peri brands.

”Dursots, together with All Joy, are committed to procuring all ingredients in South Africa,” AH-Vest said.

(READ MOREAH-Vest sees turnaround in working capital management)

“A key objective of the food group is to increase its raw materials from 80 per cent to 95 per cent to further reduce the exposure to imports.”

According to the company, the Limpopo Province produces more than 60 per cent of the tomatoes produced in South Africa.

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