Group structure
Over 117 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.
| The Real Beverages Company Proprietary Limited, a wholly-owned subsidiary of Clover S.A Proprietary Limited, acquired from Dairybelle Proprietary Limited its UHT milk and yoghurt manufacturing, marketing and distribution business with effect from 1 December 2014 and 1 January 2015 respectively. Included in the range of yoghurts acquired is the iconic ‘Fruits of the Forest’ brand. | |
| With effect from 1 June 2015, Clover S.A Proprietary Limited acquired the entire business of Nkunzi MilkyWay Proprietary Limited through a subsidiary company called Clover MilkyWay Proprietary Limited. This facility specialises in the production of dairy products on behalf of Woolworths Holdings Limited. |

