Poultry producer Rainbow Chicken on Wednesday made its debut on the JSE, after completing its unbundling from RCL Foods. Shares are set to start trading on July 1.

Remgro-owned RCL, one of SA’s biggest food companies, said earlier this year it would unbundle Rainbow. The poultry company, which stretches back to the 1960s, has a vast portfolio, operating 165 farms, 1,288 houses, eight hatcheries and three primary processing plants. The company also owns two other processing plants dedicated to added-value chicken products, and six animal feed mills...

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