Pioneer Foods has become South Africa’s fourth-largest food group after listing on the Johannesburg Stock Exchange.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company made its stock-market debut yesterday (23 April) and saw its market capitalisation reach almost ZAR6bn (US$77.1m).


Pioneer plans to raise ZAR500m on the JSE and broaden its shareholder base through a rights issue at ZAR25 per share. It is expected that the rights issue will subdue the share price.


The ZAR500m raised will be used to expand Pepsi, Weet-Bix and Pioneers bread bakeries, the group has indicated.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.