Clover

Roodepoort, South Africa Founded: 2017 • Age: 9 yrs Acquired By Milco
Multi-category food and beverages are processed by Clover.
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About Clover

Clover is a company based in Roodepoort (South Africa) founded in 2017 was acquired by Milco in September 2019. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Clover offers products and services including Clover Milk, Clover Yoghurt, Tropika, and Clover Krush. Clover operates in a competitive market with competitors including Danone, Promasidor, RJ Corp, Hain Celestial and Premier Foods, among others.

  • Headquarter Roodepoort, South Africa
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Clover S.A. (Pty) Ltd
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Milco

    (Sep 25, 2019)

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Products & Services of Clover

Clover offers a comprehensive portfolio of products and services, including Clover Milk, Clover Yoghurt, Tropika, and Clover Krush. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Fresh milk products are produced for daily consumption.

Various yoghurt flavors are offered for consumer enjoyment.

Flavored dairy beverages are crafted for refreshing drinks.

Fruit juice drinks are made for healthy refreshment.

People of Clover
Headcount 5000-10000
Employee Profiles 39
Employee Profiles
People
Jacques Van Heerden
Executive: Supply Chain and Distribution
People
Gerbrand Alberts
Chief Financial Officer
People
Johann Vorster
Chief Executive
People
Jimmy Botes
Executive: Commercial

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Funding Insights of Clover

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Clover

Clover has secured backing from 1 investor. Prominent investors backing the company include Milco. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Milco SA is engaged in dairy and cheese production.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Clover

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Clover

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Clover Comparisons

Employees
+
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Competitors of Clover

Clover operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Danone, Promasidor, RJ Corp, Hain Celestial and Premier Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Health-focused dairy and plant-based food products are offered.
domain founded_year HQ Location
Multi-category food & beverage company
domain founded_year HQ Location
Food and beverage products are branded, with diverse sectors engaged.
domain founded_year HQ Location
Hain Celestial is focused on better-for-you food and personal care products.
domain founded_year HQ Location
Processed food products are produced and marketed by Premier Foods.
domain founded_year HQ Location
Multicategory food and beverage company
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Clover

Frequently Asked Questions about Clover

When was Clover founded?

Clover was founded in 2017.

Where is Clover located?

Clover is headquartered in Roodepoort, South Africa. It is registered at Roodepoort, Gauteng, South Africa.

Who is the current CEO of Clover?

Johann Vorster is the current CEO of Clover.

What does Clover do?

Clover is involved in the manufacturing and distribution of a wide range of dairy products, including milk, butter, cheese, and yoghurt. Beverages such as fruit juices and flavored milk are also produced under various brand names. The company operates across multiple sectors within the food and beverage industry, focusing on dairy and related grocery items. Solutions are provided for both consumer and bulk trading markets, with facilities spread across South Africa, Botswana, Namibia, and Swaziland. Emphasis is placed on food safety and quality through certified processes.

Who are the top competitors of Clover?

Clover's top competitors include RJ Corp, Promasidor and Danone.

What products or services does Clover offer?

Clover offers Clover Milk, Clover Yoghurt, Tropika, and Clover Krush.

Who are Clover's investors?

Clover has 1 investor. Key investors include Milco.

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