Remgro
| Public | |
| Traded as | JSE:REM |
| Industry | Conglomerate |
| Founded | 12 July 1968 as Rembrandt S.A. Limited (Remsa) |
| Headquarters | Stellenbosch, South Africa |
|
Key people
|
Johann Rupert - Chairman Jannie Durand - CEO |
 ZAR: 8.71 billion (2015) |
|
| Total assets |
ZAR: 94.69 billion (2015) |
| Total equity |
ZAR: 75.93 billion (2015) |
|
Number of employees
|
173 |
| Website | Homepage |
Remgro Limited is an investment holding company based in Stellenbosch, South Africa.
Remgro is an investment holding company with interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products. In 2015, Forbes listed Remgo as the 9th biggest publicly-traded company in South Africa and 1436th in the world.
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.
Remgro's portfolio of investments include but are not limited to the following:
Remgro's are divided into two classes i.e. 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 Trust. As of 30 June 2015[update], this structure gave Rembrandt Trust 42.57% control of Remgro while Public Investment Corporation with 9.63% control.
Remgro is governed by an twelve-person Board of Directors with Johann Rupert serving as the Chairman of the group and Jannie Durand as the CEO.
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