2007 – Hosken Consolidated Investments Ltd, the partner of BBBEE, exercises its option to increase its ordinary stake to 34.9% and Clover S.A. (Pty) Ltd buys 39.8% of the shares of Clover Danone Beverages Ltd from Danone. The company name is changed to Clover Beverages Ltd. Samsung, Samsung Pay, Galaxy S (and other device names) and Samsung Knox are trademarks or registered trademarks of Samsung Electronics Co., Ltd. Other company and product names mentioned may be trademarks of their respective owners. 2003 – National Co-operative Dairies Ltd`s conversation from a co-operative to a corporation took place in November 2003. A name change to Clover Industries Ltd was also approved at a number of extraordinary general meetings. Clover Industries Ltd`s momentum in terms of controlling common shares and freely tradable preferred shares ushers in a new era for the group. Klee S.A. (Pty) Ltd and Danone establish the joint venture Clover Danone Beverages Ltd.
Before the sale of 59.5 percent worth $354 million to Milco, a newly formed consortium of the Central Bottling Company (CBC), the deal met with opposition from BDS, the Palestine Solidarity Alliance, the Palestine Solidarity Campaign and South African Jews for a Free Palestine. BDS SA spokesman Tisetso Magama said CBC “has operations in Israel`s illegal settlements – both in the occupied Palestinian West Bank and the occupied Syrian Golan Heights,” adding that “CBC and its subsidiaries own a regional distribution center in Israel`s illegal Atarot industrial zone, a vineyard near Mount Shifon on the occupied Golan Heights, and a dairy farm. as well as offices in the illegal Israeli settlement of Shadmot Mehola in the Jordan Valley – all in violation of international law. [3] 1934 – The operation of a 100% cooperative system is approved and the name Natal 1899 – Joseph Baynes opens the first butter factory in Natal on his farm Nel`s Rust. Due to the lack of proper legal means to register a cooperative, Natal Creamery Ltd is registered under the Natal Companies Act and H Blaker is appointed as the first chairman. 1898: Farmers meet in the Mooi River to discuss the establishment of a butter factory. At follow-up meetings, the name Natal Creamery Ltd and the principles of the cooperative are approved. Hundreds of apps are available through the Clover App Market to help businesses manage sales, employees, and customers. Popular apps include inventory and sales management, employee planning and payroll, customer marketing, and loyalty programs, with apps dedicated to restaurants, retail stores, and beauty salons. Terms and conditions apply. Using digital wallets requires your device to be NFC (Near Field Communication) enabled and the Wallet app to be available.
1901 – The first reference to Model Dairy is made as a partnership between Natal Creamery Ltd and Joseph Baynes Ltd for the marketing of fresh milk in Durban. This partnership was dissolved in October 1901. Please report your traffic by updating your user agent to include company-specific information. 1932 – In 1932, Natal Creamery Ltd operated in 32 centres across the country. If a user or application sends more than 10 requests per second, other requests from the IP address may be limited for a short time. Once the request rate has fallen below the threshold for 10 minutes, the user can continue to access the content on SEC.gov. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or should not affect anyone browsing the site SEC.gov. Brimstone Investments, one of the first members of the deal`s consortium, withdrew. [3] [4] [5] 1902 – In Pietermaritzburg, milk distribution begins with Natal Creamery Ltd. Clover Flex is a portable device that gives you the flexibility to accept payments almost anywhere.
Comes with built-in features such as receipt printer, fingerprint login, screen signature, camera, PIN keyboard and QR scanner. Clover went from a cooperative to a limited company in 2003. 1995 – Clover S.A. (Pty) Ltd and Gervais Danone Company (“Danone”) merge as joint venture partners. 2012 – Acquisition of Real Juice Co. Holdings (Pty) Ltd from AVI Limited. Acquisition of a minority stake in Clover Botswana (Pty) Ltd and Clover Manhattan (Pty) Ltd. respectively 1998 – Danone and Clover S.A. (Pty) Ltd establish the joint venture Danone Clover (Pty) Ltd. Internet Connection: uses your own Wi-Fi and/or LTE mobile connection.
If you are in an area with poor service or without Wi-Fi, you can take payments offline and transactions will be allowed as soon as you are reconnected. 2004 – Clover Holdings Ltd is unbundled. Clover Industries Ltd is the new holding company of Clover S.A. (Pty) Ltd, one of the largest branded consumer goods companies in South Africa, the largest dairy company in South Africa and one of the leading manufacturers and distributors of food products in South Africa. For more information, see the SEC`s Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission. Most Clover devices with 4G LTE come pre-installed with a SIM card to enable Wi-Fi and 4G LTE connectivity.
Requires enrollment in a cellular data plan through the Clover App Market. Clover charges a monthly per-device fee for this access, which is subject to change. The monthly Wi-Fi/4G LTE fee is based on a monthly data volume of 1 GB per month. Clover reserves the right to charge a higher amount for data usage. Clover`s story began in 1898 with a series of meetings between a group of farmers in the lush pastures of the Natal Midlands. Clover Industries Limited (“Group” and/or “Clover”) is a branded food and beverage group formerly listed on the main board of the Johannesburg Stock Exchange. [1] The company was removed from the stock exchange following a takeover by Milco, led by Israel`s Central Bottling Company. [2] 1923 – Natal Creamery Ltd is registered under the Co-operative Corporations Act of 1922. Clover® is an all-in-one POS system designed for your business. With a single system, you can accept credit, debit, and digital wallet payments from your customers (including Apple Pay, Google Pay, and Samsung Pay®™) and access apps to help you run your business. Clover allows you to make payments virtually anywhere – in person, on the side of the road, at the table, by phone and online via a virtual terminal and e-invoicing. Clover can do much more than just process payments.
It helps you track inventory, manage employees, and gain insights to strengthen your relationships with customers. Clover Mini replaces bulky terminals with a compact device with a built-in receipt printer and PIN keyboard that frees up valuable counter space while expanding payment and management capabilities. The screen easily switches from checkout to customer to get a signature or PIN. 2010 – Clover sells its 45% stake in Danone Clover (Pty) Ltd to Danone and begins restructuring the capital of Clover Industries Limited. Removal of the condition that only milk producers may hold common shares and decoupling of ordinary shares from the supply of milk. Repurchase of 34.9% of common shares of Hosken Consolidated Investments Ltd. Conversion of preferred shares into pure debt securities. Clover Industries Limited was appointed to the Senior Board of Directors of JSE Limited on December 14, 2010.
[1] Clover completed a capital restructuring on May 31, 2010, which represented an important milestone in the company`s development and resulted in economic benefits and control of voting rights that were transferred to the common shares. In addition, the decoupling of common shares from milk supply contracts allowed persons other than milk producers to purchase common shares, which facilitated equity raising. Capital shortages have always been a major obstacle to Clover`s growth and development. Internet connection: Wi-Fi (the system is processed when connected to the Internet) Depending on the disk, additional costs may apply and the system can only work if Wi-Fi/Internet is available. 1908: Foundation of the government dairy Heilbron. Attractive for: Restaurants, retailers, and other businesses looking for a fully portable payment solution that you can use on the side of the road, at the table, at the counter, or on the go. 2008 – Danone Clover (Pty) Ltd acquires a 70% stake in Mayo Dairy (Pty) Ltd. 1903 – Milk is shipped daily to Johannesburg and Natal Creamery Ltd decides to investigate johannesburg`s dairy industry. Attractive for: roadside orders, businesses on the go such as food deliveries, food trucks, caterers, florists, delivery and repair of household appliances, and other mobile or delivery-based businesses.2005 – Hosken Consolidated Investments Ltd acquires a 25.1% stake in Clover Industries Ltd as a BBBEE partner. Creamery Ltd is renamed National Co-operative Dairies Ltd. 2011 – Acquisition of the non-controlling stake in Clover Beverages Limited and subsequent transfer of the non-alcoholic beverage business to Clover SA. Look at payment acceptance options or let`s answer a few questions and we offer a potential match • Selling and marketing fast-moving consumer goods Attractive for: foodservice, retail, and personal services businesses, You`re looking for robust payment processing and business management capabilities in a small, compact device. The hundreds of apps available on the Clover App Market, along with cloud-based design, make it easy to manage sales reports, inventory, payroll, and more from any connected Clover device, phone, or computer. 2009 – Deconsolidation/recapitalisation of Danone Clover (Pty) Ltd. Several unions in South Africa opposed the approval of the agreement: in a joint statement, unions such as the General Industries Workers` Union of South Africa and the Food and Allied Workers` Union, which represent the workers of Clover and its subsidiaries, as well as their trade union confederation, The South African Federation of Trade Unions and Palestinian solidarity organisations in South Africa, “condemned the recent decision of the South African Competition Court on the acquisition of Clover by the Israeli company Milco SA.” They cited three main objections to the deal, saying that “the takeover will have negative consequences for South African workers who will suffer job losses in the context of an already struggling economy,” as well as “manipulative, unethical and anti-competitive practices on the part of.” .