Beverages

Clover is a branded consumer goods and products group operating in South Africa and other African countries with a range of value-added dairy and non-dairy products.

Milco consortium offers $359m to acquire South Africa’s Clover

By Jim Cornall

South African food and beverage company Clover Industries Limited said it has entered into an implementation agreement with Milco SA Proprietary Limited, in terms of which Milco will make an offer to acquire all of the issued shares in Clover on a fully...