Tongaat Hulett Ltd - Company Profile
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Tongaat Hulett Ltd (Tongaat) is engaged in agricultural and agri-processing business, focusing on sugar, ethanol, animal feeds and cattle markets. The company’s major activities include land management, property development and agriculture across Southern African Development Community (SADC) countries. Tongaat product portfolio comprises carbohydrate products ranging from sugar cane to maize and agricultural products. The company also operates various businesses such as electricity generation, downstream agricultural products, electricity cogeneration and biofuel production. Tongaat markets its products under Huletts, Huletts SunSweet, Blue Crystal, and Voermol brand names. The company has operations in Africa, Asia, Europe, and North America. Tongaat is headquartered in Tongaat, KwaZulu-Natal, South Africa.
Headquarters
South Africa
Address
Amanzimnyama Hill Road, Tongaat, KwaZulu-Natal, 4400
Website
www.tongaat.co.za
Telephone
27 32 4394000
No of Employees
22,972
Industry
Agriculture and Forestry
Ticker Symbol & Exchange
TON (JNB)
Revenue (2022)
$1.0B
0%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-141.2%
(2022 vs 2021)
Market Cap*
$43.6M
Net Profit Margin (2022)
XYZ
-141.2%
(2022 vs 2021)
* As of and is in US$
Tongaat Hulett Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Sugars | Land and Property Development | Huletts |
| Animal Feeds | White Sugar Mill Technology | Huletts SunSweet |
| Maize | Sugar Milling and Refining | Marathon |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In January, Tongaat Hulett announced its plans to sell a 33.3% stake in Tongaat Hulett (Botswana) to Ball Foundry. |
| 2024 | Plans/Strategy | In December, the company announced its plans to sell all its assets and operating businesses in South Africa to Vision Sugar South Africa. |
| 2022 | Regulatory Approval | In March, the company secured approval from the competition commission to acquire 60% stake by Magister Investments. |
Competitor Comparison
| Key Parameters | Tongaat Hulett Ltd | AGRANA Beteiligungs-AG | Gledhow Sugar Company (Pty) Ltd | Illovo Sugar Africa Pty Ltd | UCL Company (Pty) Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | Austria | South Africa | South Africa | South Africa |
| City | Tongaat | Wien | KwaDukuza | Durban | Dalton |
| State/Province | KwaZulu-Natal | Oberosterreich | KwaZulu-Natal | KwaZulu-Natal | KwaZulu-Natal |
| No. of Employees | 22,972 | 9,111 | - | 31,000 | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rob Aitken | Chief Financial Officer; Director | Executive Board | 2019 | 39 |
| Piers Marsden | Director | Executive Board | - | - |
| Johann Van Rooyen | Director | Executive Board | 2025 | - |
| Gavin Dalgleish | Chief Executive Officer | Senior Management | 2025 | - |
| Evashni Govender | Secretary | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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