African Pioneer Marine (Pty) Ltd (APM), the majority shareholder in Pioneer Fishing, has acquired Glenryck South Africa (Pty) Ltd. The Competition Commission of South Africa officially approved the transaction this week.
Glenryck South Africa (established in 2016) was previously owned by the Bidvest group.
The brand itself has a history dating back as far as 1937. It is one of South Africa’s most widely recognised producers of premium canned pilchards.
Pieter Greeff, CEO of Pioneer Fishing, describes the move as “opening up and creating some exciting opportunities, not only with canned fish, but also frozen fish products and other related product development”.
“It will allow us to expand our brand and product categories substantially,” he adds.
There’s more to read here…
This content is for subscribers only.Subscribe to Fishing Industry News SA to get full access to our exclusive content now.
Subscribe Now
Already a member? Log in here
Comments are closed.