Imperial Cold Storage and Supply Company ( ICS ) is one of South Africa's largest meat processing, storage, distribution and marketing companies, dominating the South African packaging food sector for nearly a hundred years. The company was officially registered and registered as ICS in 1899, originally it grew from Combrinck & amp; CO. Which was founded in 1830 in Cape Town. Combrinck & amp; CO. Then merged into ICS. ICS is one of the largest meat processing and distribution companies in the world. The company initially concentrated on supplying ships, but will continue to develop the first cold-storage company in South Africa along with Union and Castle shipping lanes. Sir David Graaff, 1st Baronet is the founder, chairman and principal shareholder.
Video Imperial Cold Storage and Supply Company
Rhodesian Operation
In 1924, the Southern Rhodesia government, now Zimbabwe, gave a ten-year monopoly to the company. Enforced by government action, it also guarantees company operations in Rhodesia during a monopoly with up to GB £ 15,000 per year secured against losses resulting from its operations. In return Imperial Cold Storage agrees to develop the cold and frozen beef industry in the country. In the event of the objective of action to make beef and packaging industry in Rhodesia, the government partnership with Imperial Cold Storage succeeded.
Maps Imperial Cold Storage and Supply Company
Purchase of Tiger Brands
Due to the high cost of expansion in southern Africa following the decline in demand for meat following the Great Depression in 1934, the company was experiencing serious financial difficulties. More money is sought from investors to help shore up the company's finances. The Anglo-American company is the largest investor and the company's total capital increased to  £ 2.2 million (equivalent to  £ 436 million in 2010). The Anglo section of the company will continue to grow as Imperial Cold Storage works more with Tiger Oats, which later became a subsidiary of the Anglo-American company.
In March 1982, Barlow purchased a substantial portion of Tiger Oats and a controlling stake in Imperial Cold Storage. In October 1998, Tiger Brands (then known as Tiger Oats Limited) bought Imperial Cold Storage and the company folded into its brand and company portfolio.
References
External links
- Message. Combrinck & amp; New Cold Storage Depo Co (The Cape Town Guide 1897)
- Message. Combrinck & amp; New Cold Storage Depo Co (The Cape Town Guide 1897).
- Photos of The Produce and Feather Market Building, Dock Road, Cape Town 'Picturesque South Africa', 1899
- COLD STORAGE IN SOUTH AFRICA (Extract from 'Otago Witness', October 8, 1902)
Other Resources
- Knowles, Lilian Charlotte Anne & amp; Knowles, Charles Matthew. (1936) "Development of Foreign Imperial Economy of England, Volume 3". Routledge, USA & amp; Canada, reissued in 2005, pg 195
- Graaff, De Villiers. (1993) "Div Looks Back: Sir De Villiers Graaff's Memoirs". Man & amp; Rousseau, Cape Town.
- Simons Brooke, Phillida. (2000) "Cold Ice in Africa: History of Imperial Cold Storage & Supply Company Limited". Fernwood Press, Cape Town.
Source of the article : Wikipedia
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