Tiger Brands Circles Rival AVI

Tiger Brands, one of South Africa's leading branded food companies, is contemplating a bid for one of its rivals, AVI. Tiger - which also has assets in the pharmaceuticals industry - has favoured its food operations in recent years and is seeking further acquisitions to grow this side of its business. BMI believes that should a deal go through, AVI's range of food products will complement Tiger's portfolio by adding new brands and creating a more synergised product range. We believe that South Africa's food industry has great potential and this is reflected in our forecast that food consumption will

To read the full article, please choose one of the following options: