Remgro

Remgro Limited
TypePublic
JSE: REM
ISINZAE000026480
IndustryInvestment holdings
Founded12 July 1968 (1968-07-12)
HeadquartersStellenbosch, Western Cape, South Africa
Key people
Johann Rupert (Chairman)
Jannie Durand (CEO)
RevenueIncrease R51.5 billion (2025)[1]
Increase R3.17 billion (2025)[1]
Increase R3.3 billion (2025)[1]
Total assetsIncrease R142.17 billion (2025)[1]
Total equityIncrease R23.87 billion (2025)[1]
Number of employees
162 (2025)[2]
Websiteremgro.com

Remgro, officially Remgro Limited, is a South African investment holding company, based in Stellenbosch, in the Western Cape province.[3]

The company has interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products, and is listed on the Johannesburg Stock Exchange.[4]

In 2022, Remgro was South Africa's 28th largest company by annual revenue.

History

Remgro traces its roots from Voorbrand Tobacco Company (renamed Rembrandt Trust in 1948) that was founded in the 1940s by Anton Rupert.[5][6]

Remgro was incorporated in 1968 as Rembrandt S.A. Limited (Remsa), a wholly owned subsidiary of JSE listed Rembrandt Group.

In 2000, the Rembrandt Group of companies underwent a corporate restructure that led to the consolidation of the group's investments from four to two publicly traded holding companies i.e. Remgro and VenFin. VenFin acquired the group's technology-orientated assets while Remgro acquired the traditional assets.[7]

After the spin-off of the BAT stake in 2008, Remgro and VenFin were merged again in 2009.[8]

In 2015, Forbes listed Remgro as the 9th largest publicly traded company in South Africa and 1,436th largest in the world.[9]

In 2026, South African investment firm Ninety One acquired just over 5% of Remgro's shares.[10]

Portfolio

As of June 2025, Remgro has the following principal investments, ranked by shareholding percentage:

Sector Company Shareholding Intrinsic value of shares
(R billion)		 Ref.
Consumer goods Siqalo Foods 100% 6.42 [11][12]
Consumer goods Rainbow Chicken 80% 2.95 [11][12]
Consumer goods RCL Foods 79.6% 7.86 [11][12]
Infrastructure Ubiquity Energy 75% 0.03 [11][12]
Infrastructure CIVH 57% 15.80 [11][12]
Healthcare Mediclinic 50% 41.50 [11][12]
Industrial Air Products South Africa 50% 6.29 [11][12]
Financial services Business Partners 45% 1.42 [11][12]
Media Kagiso Tiso Holdings 43.5% 3.13 [11][12]
Industrial PGSI 37.7% 0 [11][12]
Investment firms Prescient China Equity Fund 37.1% 1.19 [11][12]
Consumer goods Capevin 33.6% 1.12 [11][12]
Media eMedia Investments 32.3% 0.47 [11][12]
Insurance OUTsurance Group 30.5% 36.77 [11][12]
Infrastructure SEACOM 30% 0.81 [11][12]
Fuels Total South Africa 24.9% 4.22 [11][12]
Consumer goods Heineken Beverages 18.8% 6.74 [11][12]
Healthcare Discovery 7.7% 9.15 [11][12]
Financial services FirstRand 1.6% 5.73 [11][12]

Ownership

Remgro's stock are divided into two classes - ordinary shares and B ordinary shares. The ordinary shares are listed on the JSE under the “Industrials – Diversified Industrials” sector, with the share code REM. The B ordinary shares are all owned by Rembrandt Group. As of 30 June 2015, this structure gave Rembrandt Group 42.57% control of Remgro, while Public Investment Corporation has 9.63% control.[13]

As of 2024, retail investors have 45% ownership in the company, while institutions own 29% of the company. 50% of Remgro is held by the top 23 shareholders.[14]

See also

References

  1. 1 2 3 4 5 Remgro (23 September 2025). "Remgro - Annual Financial Statements, 2025". Financial Filings. Retrieved 18 August 2026.
  2. ↑ Remgro (30 October 2025). [marketscreener.com/news/remgro-esg-and-sustainability-report-remgro-esg-and-sustainability-report-2025-ce7d5cdadb88fe22?utm_source=chatgpt.com "Remgro : ESG and Sustainability Report (Remgro ESG and Sustainability Report 2025)"]. MarketScreener. Retrieved 18 August 2026. {{cite web}}: Check |url= value (help)
  3. ↑ "Why Invest In - Remgro" (Video). Why Invest In. 30 July 2015. Retrieved 12 January 2016.
  4. ↑ "Marketsdata > Equities > REM". Financial Times. The Nikkei. Retrieved 17 January 2016.
  5. ↑ "Remgro | World Finance 2016". Retrieved 24 April 2022.
  6. ↑ "Johann Rupert listed empire: Remgro, Richemont and Reinet". BizNews.com. 18 October 2021. Retrieved 24 April 2022.
  7. ↑ "Restructuring of the Rembrandt Group" (PDF). Rembrandt Group. 30 August 2000. Retrieved 17 January 2016.
  8. ↑ "Geschichte der Gruppe". Archived from the original on 27 November 2011.
  9. ↑ "The World's Biggest Public Companies". Forbes. Retrieved 17 January 2015.
  10. ↑ Malcolm Libera (17 August 2026). "South Africa's biggest asset manager buys a big piece of Johann Rupert's company". BusinessTech. Retrieved 18 August 2026.
  11. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [(https://www.remgro.com/ar2025/pdf/eng/Group-Structure.pdf) "Group structure as at 30 June 2025"]. Remgro Limited. Retrieved 18 August 2026. {{cite web}}: Check |url= value (help)
  12. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [(https://www.remgro.com/wp-content/uploads/Remgro_Annual_Financial_Statements_for_year_ended_30_June_2025-2.pdf) "Annual Financial Statements for the year ended 30 June 2025"]. Remgro Limited. 22 September 2025. Retrieved 18 August 2026. {{cite web}}: Check |url= value (help)
  13. ↑ "Remgro 2015 Annual Report" (PDF). Remgro Limited. 30 June 2015. Retrieved 12 January 2016.
  14. ↑ "Remgro Limited's (JSE:REM) largest shareholders are retail investors with 45% ownership, institutions own 29%". Yahoo Finance. 29 February 2024.
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