News/ Latest releases

Latest releases

2017

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July 24 2017
24 July 2017

AECI is on its way to becoming a global renewable chemicals business after investing US$5 million (± R65 million) in Origin Materials, a start-up based in California, USA, that has pioneered the development of bio-based chemicals which can be processed into a large number of products for application in global markets worth over US$200 billion.


2015

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June 22 2015
22 June 2015

AECI has entered into an agreement to acquire 100% of Farmers Organisation Limited ("FOL") from Rendale Holdings, with effect from 1 June 2015. FOL is a distributor of agrochemicals, seeds and spraying equipment on behalf of multinational producers. It is headquartered in Blantyre, Malawi, and also has distribution centres in Lilongwe and Mzuzu in that country. In its last financial year to February 2015, the company generated revenue of US$14 million.

May 26 2015
26 May 2015

AECI has entered into an agreement to acquire 100% of Southern Canned Products (SCP), a leading manufacturer and distributor of juice-based drinks and products, from Gerber Goldschmidt South Africa, a private equity investment company, and the management of SCP. In its last financial year, SCP generated revenue of R520 million.