CG Smith Foods Ltd is an investment management company with its parent company being CG Smith Ltd. The company's objective is to improve the wealth of shareholders by offering them a balanced portfolio of managed operations in food manufacturing, processing, and distribution, complemented by important investments in the pharmaceutical and fishing industries. An investment management company that holds a portfolio of food and pharmaceutical businesses with strong brands and dominant market shares C G Smith Foods Ltd is an investment management company that holds a portfolio of food and pharmaceutical businesses with strong brands and dominant market shares. The company's objective is to improve the wealth of shareholders by offering them a portfolio of managed operations in food manufacturing, processing and distribution complemented by investments in the pharmaceutical and fishing sectors. C G Smith Foods was incorporated in 1998, formerly listed as publicly quoted firm. Based in South Africa, C G Smith Food's headquarters is located in Sandton.
In addition, some of the company's subsidiaries include: Tiger Oats Ltd, an investment holding company with operations in food manufacturing, processing and distribution. Tiger Oats' divisions include branded consumer products, staple foods, ingredients, wholesaling, agri-business and international interests. It also has interests in pharmaceuticals, fishing and the barley-malt industry; Illovo Sugar, on the other hand, is Africa's biggest sugar producer and has extensive agricultural and manufacturing operations in six African countries.
C G Smith Foods' global owner is C G Smith Limited, one of the largest industrial companies listed on the Johannesburg Stock Exchange. C G Smith Limited is the parent company of a South African group focusing in the non-durable consumer goods sector. The group operates in a broad range of industries covering food, fishing, pharmaceuticals, packaging, paper and bulk liquid storage.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.