Woodlands Dairy, one of South Africa’s leading dairy producers, has announced the acquisition of 100% of Ladismith Cheese Company, including its subsidiaries Ladismith Powder Company and Mooivallei Suiwel, from Sea Harvest Group. This strategic move strengthens Woodlands Dairy’s position in the local dairy market and expands its product portfolio.
Woodlands Dairy Group is a major player in South Africa’s dairy industry, specializing in UHT milk, yoghurt, cheese, custard, flavored milk, and a wide range of other dairy products. The acquisition aligns with its vision to deliver high-quality, sustainable dairy products to a growing consumer base.
Helen McDougall, CEO of Woodlands Dairy, commented:
This transaction aligns perfectly with our vision to deliver high-quality, sustainable dairy products to a growing market. By integrating Ladismith’s established regional presence and expertise with our extensive network, we are well positioned to provide customers with an enhanced and more specialized product portfolio.
Founded in June 1999, Ladismith Cheese Company has built a strong reputation for producing premium cheese, butter, and milk powder. Incorporating Ladismith and its subsidiaries will enable Woodlands Dairy to:
- Broaden its product range
- Expand its customer and distribution channels
- Leverage operational synergies
- Drive efficiency across the group
The transaction is subject to regulatory approvals and closing conditions, and Ladismith Cheese Company will continue operating under its existing brand.
Sea Harvest Group CEO Felix Ratheb commented:
In line with the strategic objectives presented to shareholders in early 2025, Sea Harvest intends to de-leverage its balance sheet through the disposal of non-fishing assets and re-focus on its seafood businesses. We will utilize the proceeds from the disposal to repay a portion of the long-term debt in our South African operation.
