Originally established in the 1940s by the late Dr Anton Rupert as a tobacco manufacturer, Remgro’s investment portfolio has evolved substantially and currently includes more than 30 investee companies. The Company is listed on the Johannesburg Securities Exchange (JSE) operated by the JSE Limited in South Africa under the “Industrials – Diversified Industrials” sector, with the share code “REM”.
Remgro is an investmentholding company with interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products.[3] In 2015, Forbes listed Remgo as the 9th biggest publicly-traded company in South Africa and 1436th in the world.[4]
History
Remgro traces its roots from Voorbrand Tobacco Company (renamed Rembrandt Trust in 1948) that was founded in the 1940s by Dr Anton Rupert.
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 groups 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.[5]
