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Tiger Brands finalises sale of Langeberg and Ashton Foods, safeguarding 3 000 jobs
The Mercury
|October 01, 2025
TIGER Brands has completed the disposal of its Langeberg and Ashton Foods (LAF) operation in the Western Cape, a move that has secured 3 000 jobs and paved the way for the reopening of its tomato purée and canned deciduous fruit business.
WORKERS at fruit business Langeberg & Ashton Foods (LAF), a division of Tiger Consumer Brands. LAF will now be owned by the Ashton Fruit Producers Co-operative and Norwegian development finance institution Norfund. LANGEBERG & ASHTON FOODS YouTube
The food producer announced on Tuesday that all conditions precedent for the transaction had been met, making the deal effective from 1 October 2025.
“Shareholders are advised that all conditions precedent have been fulfilled and, accordingly, the Transaction is effective Wednesday, 1 October 2025. This marks a significant milestone for Tiger Brands and an exciting new chapter for LAR Tiger Brands said.
Diese Geschichte stammt aus der October 01, 2025-Ausgabe von The Mercury.
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