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Group structure

Over 116 years since its establishment as Natal Creamery Limited in 1898, its transformation in 1934 into National Co-operative Dairies Limited (NCD) operating countrywide, and its emergence in 2003 as Clover Industries Ltd, the Company has evolved into the Clover Group of companies depicted in the organogram below.

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* On 1 August 2013 Clover S.A. (Proprietary) Limited (holding 70% of the entire issued share capital) and Nestlé (South Africa) (Proprietary) Limited (holding 30% of the entire issued share capital) formed a new company called Clover Waters (Proprietary) Limited (“Clover Waters”)). Clover Waters is manufacturing, distributing, selling and marketing Iced Tea and water products using various trademarks (Manhattan, Aquartz, Nestea and Purelife) under license from Clover and Nestlé respectively.
** On 1 May 2014, Clover S.A. (Proprietary) Limited (holding 50% of the entire issued share capital) and Futurelife Health Products cc (holding 50% of the entire issued share capital) formed a new company called Clover Futurelife (Proprietary) Limited ("Clover Futurelife"). Clover Futurelife manufactures, distributes, sells and markets a range of functional food products using trademarks under licence from Clover and Futurelife.