Today we enter the fascinating world of Illovo Sugar, a topic that has captured the attention and interest of people around the world. Illovo Sugar is a relevant topic in today's society and has generated a series of discussions and debates in various areas. In this article we will explore the different facets and perspectives of Illovo Sugar, from its origins to its impact today. We will delve into its relevance in popular culture, its influence on politics and its implication in people's daily lives. Join us on this journey of discovery and reflection about Illovo Sugar.
Industry | Agriculture |
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Founded | 1891 |
Headquarters | uMhlanga, KwaZulu-Natal (eThekwini Metropolitan Municipality), South Africa |
Area served | South Africa, Africa |
Key people | Gavin Dalgleish (Group Managing Director) |
Products | Sugar Sugar marketing |
Website | www |
Illovo Sugar Africa (Pty) Ltd based in uMhlanga, KwaZulu-Natal, South Africa, is Africa's largest sugar producer. The group produces raw and refined sugar for local, regional African, European Union (EU), United States and world markets from sugar cane supplied by its own agricultural operations and independent growers who supply cane to Illovo's factories. It is a subsidiary of Associated British Foods Plc., which purchased 51% of the issued share capital which for more than £400m in 2006. In 2016, ABF bought the remaining 49% of the share capital.
Illovo employs more than 12,000 permanent staff and 18,000 more on a temporary basis.[citation needed] Illovo Sugar's subsidiary Zambia Sugar is listed on the Lusaka Stock Exchange, under the symbol ZSUG. In addition, its Malawian subsidiary Illovo Sugar Malawi is listed on the Malawi Stock Exchange, under the symbol ILLOVO.
Subsidiaries of Illovo include: