Sea Harvest cuts cheese to net bigger seafood gains

Daily Maverick | 01.12.2025 02:43
The Sea Harvest Group is fundamentally clarifying its strategy by selling its dairy subsidiary, Ladismith Cheese Company, to Fairfield Dairy – a wholly owned subsidiary of the Woodlands Dairy Group – in an R850-million transaction. The all-cash disposal is designed to reduce significant long-term debt and sharpen the listed company’s operational focus on its core global seafood assets.