LIBSTAR HOLDINGS LTD

LIBSTAR HOLDINGS LTD Organogram

Libstar Holdings Ltd and its subsidiaries manufacture and distribute branded and private label consumer packaged goods. Its portfolio comprises: Perishable Products, such as dairy, meat, fresh mushrooms and convenience meals; Ambient Products that include dry and wet condiments, meal ingredients, baked goods, snacks and spreads; and Household and Personal Care products. Products are sold in South Africa and globally across four channels (Retail and wholesale, Food service, Exports and Industrial and contract manufacturing). The Group operates principally in South Africa.\r\n\r\nThe groups operations are defined as:\r\n• Perishable Products: comprises products that are refrigerated or frozen and includes dairy, convenience meals, value-added meats and fresh mushrooms. Brands include:\r\n- Lancewood produces produces a range of dairy products including: Cheddar, Gouda, Mozzarella, Edam, Cottage cheese, Cream cheese, Mascarpone, Yoghurt, Butter, Processed cheese, Whey powder, Sour cream, Spreads, Sauces, Maas, Buttermilk, Cream, and Pasteurised milk\r\n- Denny is a producer of fresh mushrooms.\r\n- Finlar processes red and white meat products such as formed patties, coated beef and chicken products, and coated plant-based proteins.\r\n- Millennium Foods is a manufacturer of fresh and ready to heat/eat meals.\r\n- Umatie is a manufacturer of baby and kiddies meals\r\n\r\n• Ambient Products: includes wet and dry condiments, meal ingredients, baking, snacking and spreads. Brands include:\r\n- Cape Herb & Spice procures, blends, treats, packages and sells a range of herbs and spices as private label and branded products to local and global retailers. Products include\r\nherbs and spices, seasonings, and dessert decoration products. During the 2024 financial year, Khoisan Gourmet was integrated into Cape Herb & Spice. Khoisan Gourmet produces and exports conventional and 100% organic Rooibos Tea globally. It also supplies wild harvest Honeybush Tea.\r\n- Cecil Vinegar Works produces and imports speciality vinegars.\r\n- Dickon Hall Foods is involved in the manufacture and packaging of wet condiments such as Mrs Ball\'s chutneys, mayonnaise, spreads, savoury dip and salad dressings. \r\n- Cape Coastal processes pure South African honey.\r\n- Montagu Foods undertakes the manufacture and sale of wet condiments such as chutneys, salad dressings, sweet chilli sauces and marinades. It also produces various long-life products and condiments under the Denny Mushrooms brand and dealer-own brands.\r\n- Rialto sources, imports and procures local food and packaging products in private label or international brands. The products include pasta, rice and noodles, oil, vinegar and \r\ndressings, sauces and condiments.\r\n\r\n• Household and Personal Care (HPC): includes household cleaning products, as well as personal care products. HPC partners with retailers in South Africa to develop, design and maintain their private label and dealer-own brands of household and personal care cleaning and sanitising products and accessories. As a non-food business, HPC is not core to Libstar’s future portfolio. In December 2024, the Group sold Chet Chemicals and continues to explore strategic options related to Contactim, the remaining non-food business.\r\n- Contactim produces cleaning products including brass and stainless-steel scourers, sponge scourers and steel wool. It also produces a range of cotton wool products such as cotton buds, cosmetic facial pads, cotton balls and cotton rolls.