Company type | Public |
---|---|
JSE:REM | |
Industry | Conglomerate |
Founded | 12 July 1968 | as Rembrandt S.A. Limited (Remsa)
Headquarters | Stellenbosch, South Africa |
Key people |
Johann Rupert -
Chairman Jannie Durand - CEO |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | 173 |
Website | Homepage |
Remgro Limited is an investment holding company based in Stellenbosch, South Africa. [2] It has interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products. [3] In 2015, Forbes listed Remgro as the 9th biggest publicly traded company in South Africa and 1436th in the world. [4]
Remgro traces its roots from Voorbrand Tobacco Company (renamed Rembrandt Trust in 1948) that was founded in the 1940s by Anton Rupert. [5] [6]
Remgro was incorporated in 1968 as Rembrandt S.A. Limited (Remsa), a wholly owned subsidiary of JSE listed Rembrandt Group. In 2000, the Rembrandt Group of companies underwent a corporate restructure that led to the consolidation of the group's investments from four to two publicly traded holding companies i.e. Remgro and VenFin. VenFin acquired the group's technology-orientated assets while Remgro acquired the traditional assets. [7] After the spin-off of the BAT stake in 2008, Remgro and VenFin were merged again in 2009. [8]
Remgro Limited is one of the largest companies in Africa by market value and is therefore included in the 2008 S&P Africa 40 Index. [9] Remgro's portfolio of investments include but are not limited to the following: [1] [10]
Remgro's stock are divided into two classes i.e. ordinary shares and B ordinary shares. The ordinary shares are listed on the JSE under the “Industrials – Diversified Industrials” sector, with the share code: REM. The B ordinary shares are all owned by Rembrandt Group. As of 30 June 2015 [update], this structure gave Rembrandt Group 42.57% control of Remgro while Public Investment Corporation with 9.63% control. [1]
Remgro is governed by a twelve-person Board of Directors with Johann Rupert serving as the Chairman of the group and Jannie Durand as the CEO. [1] [11]
Company type | Public |
---|---|
JSE:REM | |
Industry | Conglomerate |
Founded | 12 July 1968 | as Rembrandt S.A. Limited (Remsa)
Headquarters | Stellenbosch, South Africa |
Key people |
Johann Rupert -
Chairman Jannie Durand - CEO |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | 173 |
Website | Homepage |
Remgro Limited is an investment holding company based in Stellenbosch, South Africa. [2] It has interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products. [3] In 2015, Forbes listed Remgro as the 9th biggest publicly traded company in South Africa and 1436th in the world. [4]
Remgro traces its roots from Voorbrand Tobacco Company (renamed Rembrandt Trust in 1948) that was founded in the 1940s by Anton Rupert. [5] [6]
Remgro was incorporated in 1968 as Rembrandt S.A. Limited (Remsa), a wholly owned subsidiary of JSE listed Rembrandt Group. In 2000, the Rembrandt Group of companies underwent a corporate restructure that led to the consolidation of the group's investments from four to two publicly traded holding companies i.e. Remgro and VenFin. VenFin acquired the group's technology-orientated assets while Remgro acquired the traditional assets. [7] After the spin-off of the BAT stake in 2008, Remgro and VenFin were merged again in 2009. [8]
Remgro Limited is one of the largest companies in Africa by market value and is therefore included in the 2008 S&P Africa 40 Index. [9] Remgro's portfolio of investments include but are not limited to the following: [1] [10]
Remgro's stock are divided into two classes i.e. ordinary shares and B ordinary shares. The ordinary shares are listed on the JSE under the “Industrials – Diversified Industrials” sector, with the share code: REM. The B ordinary shares are all owned by Rembrandt Group. As of 30 June 2015 [update], this structure gave Rembrandt Group 42.57% control of Remgro while Public Investment Corporation with 9.63% control. [1]
Remgro is governed by a twelve-person Board of Directors with Johann Rupert serving as the Chairman of the group and Jannie Durand as the CEO. [1] [11]