Illovo Sugar
Illovo Sugar Limited is a leading sugar producer. The company is based in Mount Edgecombe, near Durban, South Africa.
It is a subsidiary of Associated British Foods Plc., which holds 51% of the issued share capital which it purchased for more than £400m in 2006.
Illovo Sugar is listed on the JSE; its stock symbol is ILV. Its subsidiary Zambia Sugar is listed on the Lusaka Stock Exchange, under the symbol ZSUG. In addition, its Malawian subsidiary Illovo Sugar Malawi is listed on the Malawi Stock Exchange, under the symbol ILLOVO.
Read more about Illovo Sugar: Subsidiaries
Famous quotes containing the word sugar:
“They give us a pair of cloth shorts twice a year for all our clothing. When we work in the sugar mills and catch our finger in the millstone, they cut off our hand; when we try to run away, they cut off our leg: both things have happened to me. It is at this price that you eat sugar in Europe.”
—Voltaire [François Marie Arouet] (1694–1778)