Illovo Sugar Africa - About Us

ILLOVO


TODAY


6m


TONS OF CANE
PRODUCED
ANNUALLY


9m


TONS OF CANE
DELIVERED BY
OUR GROWERS


1.7m


TONS OF SUGAR
MANUFACTURED


Produces co-products
downstream of the sugar and
syrup making process, including
furfural and its derivatives,
ethyl alcohol, lactulose and co-
generates electricity.


DOWNSTREAM PRODUCTS


Floriano Magagula, Illovo Sugar Malawi – Engineer, Nchalo sugar factory: “Due to Illovo’s location across sub-Saharan Africa, I get a lot of exposure to other operations in neighbouring countries, as well as knowledge, experience and resources. This, to me, is invaluable as I start out in my career.”

Read Floriano’s personal story here.

OUR


AFRICAN


FOOTPRINT


6


AFRICAN
COUNTRIES


31 000


PEOPLE
EMPLOYED


500 000


LIVES IMPACTED
ANNUALLY


Malawi

Malawi

South Africa

South Africa

Tanzania

Tanzania

Mozambique

Mozambique

Eswatini

Eswatini

Zambia

Zambia

OUR


INTERNATIONAL


BACKING


Locally sustainable, globally supported.


Associated British Foods is a diversified international food, ingredients and retail group with sales of £15.8bn, 138 000 employees and operations in 52 countries across Europe, southern Africa, the Americas, Asia and Australia. It aims to achieve strong, sustainable leadership positions in markets that offer potential for profitable growth, and deliver quality products and services that are central to people’s lives. The business is split into five segments: Grocery; Sugar; Agriculture; Ingredients; and Retail.

www.abf.co.uk


AB Sugar, an operating division of ABF, is an industry-leading group in the international markets for sugar and sugar derived co-products. It has operations in the United Kingdom, Spain and China, together with those of Illovo in southern Africa. In total, AB Sugar has 27 plants in 10 countries and employs around 32 000 people.

www.absugar.com


GROUP HOLDING STRUCTURE

GROUP HOLDING STRUCTURE

OUR


PURPOSE


Focused on being an invested citizen in the African countries where we operate.


SUGAR MARKET LEADER

Collectively represents the African melting pot of vibrant markets across the continent where we, together with the agricultural produce and manufactured goods derived from our Thriving Community, consistently serve our customers and consumers quality products in the format they require and at the price they can afford.

COMMUNITY CONNECTED

Collaborative and cooperative stimulation of economic activity, hand-in-hand with the people, civic structures, and the governments of our local communities, strengthens the growth and development of African nations.

QUALITY & VALUE DRIVEN INDUSTRY

Building on our 125-year success in sugar and downstream product manufacture on the African continent, while actively encouraging innovative commercial community opportunities aligned to our core expertise, is a powerful combination invited by Africa’s governments to unlock national growth in the countries in which our businesses operate.

SUSTAINABLE AGRICULTURE

Creating value from local agricultural resources in a responsible, sustainable manner provides the opportunity for multiple stakeholders to share in the beneficial outcomes of commercially orientated community projects. Through Illovo’s transfer of knowledge and its ability to facilitate community access to scarce resources, sugar cane becomes one of many agricultural crops contributing to rural economic growth.

OUR


HISTORY


From small beginnings to the 130 year legacy of an African sugar giant.


1891

Reynolds Brothers Limited is listed as a public company and Charles George (CG) Smith, a local entrepreneur, is appointed as its agent in Durban. This sparks the genesis of CG Smith Sugar.

1893

C.G. Smith becomes a shareholder in Reynolds Brothers.

1904

The Umzimkulu Mill joins the Smith fold.

1915

Reynolds Brothers opens the Sezela mill; and Natal Cane By-Products Limited (now Illovo Merebank) is listed as a public company.

1925

The Illovo Mill, just south of Durban, is the first in South Africa to operate a refinery.

1962

The year of the “Sugar Wars”, involving a consortium of CG Smith and Company, Reynolds Brothers Limited, Tongaat Sugar, Crookes Brothers and Gledhow-Chaka’s Kraal, which takes a controlling interest in Sir JL Hulett and Sons.

1976

The CG Smith Group’s sugar interests are merged into CG Smith Sugar Limited.

1977

CG Smith Sugar Limited acquires the Illovo Group from Tate and Lyle.

1991

CG Smith Sugar Limited celebrates its centenary.

1992

CG Smith Sugar is listed on the Johannesburg Stock Exchange (JSE), and the company acquires the Umfolozi sugar mill.

1994

The company name is changed to Illovo Sugar Limited to identify with the Illovo brand of sugars and syrup.

1996

Illovo acquires a 50% stake in Maragra Açúcar SA in Mozambique.

1997

Illovo acquires Lonrho Sugar Corporation Limited, with sugar assets in Malawi, Eswatini, Mauritius and South Africa.

1998

Illovo acquires a 55% stake in Kilombero Sugar Company in Tanzania.

2001

Illovo sells its Mauritian interests and acquires a controlling interest in Zambia Sugar Plc.

2006

Associated British Foods plc., a company listed on the London Stock Exchange, acquires a 51% controlling stake in Illovo.

2009

The major cane and factory expansion of the Nakambala sugar mill in Zambia, which results in a doubling of annual sugar production to more than 400 000 tons, is successfully commissioned.

2010

The South African business is re-structured and its relevant assets transferred to a wholly-owned subsidiary, Illovo Sugar (South Africa) (Pty) Ltd.

2011

The successful commisioning of Ubombo’s major factory expansion and co-generation project in Eswatini.

2013

The new South African warehouse is officially opened in Pietermaritzburg and Kilombero’s new distillery is commissioned.

2016

Illovo Sugar Limited becomes a wholly owned subsidiary of ABF.

2016

Zambia Sugar commissions its sugar capacity expansion project which includes the construction of a high-specification refinery to more than double annual refined sugar production capacity to around 100 000.

2017

Illovo Sugar Limited adopts the name change to Illovo Sugar Africa (Pty) Ltd, and the Group embarks upon on a significant market-focused drive to become a consumer facing organisation.

2019/20

Illovo launches the Group-wide Fit4Future initiative focused on addressing the Group’s cost base and driving efficiency improvements along the entire value chain.

The Group re-aligns its operating model in support of its strategy to become a more local and regional, consumer-centric business.

2020

Illovo acquires a further 20% interest in Kilombero Sugar Corporation Limited to bring its total holdings in the company to 75%, with the balance of the shares owned by Government of Tanzania.

2020

Maragra Açúcar SA in Mozambique is recapitalised representing a significant vote of confidence in the business and its continued growth opportunities in the Manhica district.

1891

...