Labat Africa Limited is a leading black owned and managed Investment holdings group, headquartered in South Africa. The Group, founded in 1995 by Brian Van Rooyen and Victor Labat, has been listed on the JSE since 1996. Labat Group includes major investments in health care focussing on Cannabis cultivation and extraction (High THC), CBD pharmaceutical and medicinal products as well as a range of agricultural Hemp products in both the food and drug areas as well as in the Industrial market, utilizing world-class scientific, medical skills, technology and formulations.
This year marks 25 years of contribution to the communities and societies to which we belong. It is a proud history that we are committed to upholding. Our transition to a reposition strategy and new leadership has provided an opportunity to think strategically about the future and reflect on our past performance and future plans. Inspiring leadership, a reputation for ethical conduct, innovation and a commitment to giving back has ensured Labat success over the last 25 years.
In 2019 we worked to align both internal and external stakeholders, including board and management, on Labat’s medium-term strategy, informed by our bold ambition in entering the cannabis market. In our announcement late last year at the JSE. Labat outlined our future plans in respect of our re positioning strategy and value creation, which, along with our assessment of the full potential of each of our businesses, informed the context of our change and identification of value-enhancing opportunities.
