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Premier to spend R1.5bn on expansion as it integrates RFG (opens original article in a new tab)

TL;DR

Premier Group is investing R1.5bn to expand and integrate RFG Foods, focusing on supplier efficiency and facing cost pressures from rising fuel and packaging prices.

  • Premier Group plans to invest R1.5bn in expansion and integration of RFG Foods acquisition
  • Company focuses on supplier consolidation and efficiency improvements over factory closures
  • Rising fuel and packaging costs led to 3-5% price increases for products

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