Sea Harvest Group Limited (JSE:SHG)
Sea Harvest Group Limited (JSE:SHG) is a leading seafood, aquaculture, agri-processing and branded fast-moving consumer goods (FMCG) business with a global footprint. Sea Harvest was established in 1964 and has developed a strong reputation and solid long-term relationships with its geographically diverse international customer base.
The Group has three main operations:
Wild Capture Fishing
The Sea Harvest Group catches, processes and markets: Cape hake, horse mackerel, pilchards, anchovies, tuna and prawns from South Africa, as well as prawns from Mozambique and Shark Bay king and tiger prawns together with Spanish mackerel from Western Australia. These are premium wild-caught species that have become highly sought-after in local and international markets.
The Sea Harvest Group, through its majority share in Viking Aquaculture, harnesses the skills and expertise of southern Africa’s foremost aquaculturists to produce a complete basket of seafood products for local and international markets.
The Sea Harvest Group produces value-added dairy products, such as cheese, butter and powders, for the South African retail and foodservice markets through its wholly-owned subsidiary company, Ladismith Cheese, which is situated in Ladismith in the Western Cape Province of South Africa.
Sea Harvest Group is a Level 1 contributor in terms of the South African Department of Trade and Industry’s broad-based black economic empowerment (BBBEE) scorecard, as a result of its commitment to the economic and social transformation of South Africa, especially within the local communities in which it operates.