Clover (dairy)
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| Clover | |
| Traded as | JSE: CLR |
| Industry | Fast-moving consumer goods |
| Headquarters | Johannesburg, South Africa |
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Area served
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Southern Africa |
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Key people
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| Website | www |
Clover Industries Limited ("Group" and/or "Clover") is a branded foods and beverages group, listed on the main board of the Johannesburg Stock Exchange as of 14 December 2010.
The Group produces and distributes (both for itself and other FMCG companies) a diverse range of dairy and consumer products to customers and consumers through one of the largest and most extensive distribution networks in South Africa (more specifically the second largest chilled distribution network).
Clover's history began in 1898 with a series of meetings among a group of farmers in the lush pastures of the Natal Midlands.
1898 – Farmers meet in Mooi River to discuss the establishment of a butter factory. At follow-up meetings the name Natal Creamery Ltd and co-operative principles are approved.
1899 – Joseph Baynes starts the first butter factory in Natal on his farm Nel's Rust. Due to the absence of proper legal channels to register a co-operative, Natal Creamery Ltd is registered under the Natal Companies Act and H Blaker is appointed as the first chairman.
1901 – The first reference is made to Model Dairy as a partnership between Natal Creamery Ltd and Joseph Baynes Ltd for the marketing of fresh milk in Durban. This partnership breaks up in October 1901.
1902 – Milk distribution by Natal Creamery Ltd commences in Pietermaritzburg.
1903 – Milk is dispatched to Johannesburg on a daily basis and Natal Creamery Ltd decides to investigate the Johannesburg milk industry.
1906 – Natal Creamery Ltd takes over the Johannesburg Milk Supply Company Ltd.
1908 – Heilbron Government Creamery is established.
1923 – Natal Creamery Ltd is registered under the Co-operatives Societies Act of 1922.
1932 – By 1932 Natal Creamery Ltd is operating in 32 centres countrywide.
1934 – The operation of a 100% co-operative style system is approved and the name Natal
Creamery Ltd is changed to National Co-operative Dairies Ltd.
1994 – Clover S.A. (Pty) Ltd is established.
1995 – Clover S.A. (Pty) Ltd and Compagnie Gervais Danone ("Danone") join forces as joint venture partners.
1997 – Clover Holdings Ltd is established to act as a holding company for Clover S.A. (Pty) Ltd.
1998 – Danone and Clover S.A. (Pty) Ltd form the Danone Clover (Pty) Ltd joint venture.
2003 – The conversation of National Co-operative Dairies Ltd from a co-operative to a public company took place during November 2003. A name change to Clover Industries Ltd was also approved during a series of special general meetings. The dynamics incorporated in Clover Industries Ltd in respect of ordinary shares exercising control and preferential shared being freely tradable, opens a new era for the Group. Clover S.A. (Pty) Ltd and Danone form the Clover Danone Beverages Ltd joint venture.
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