Several small- and large-scale growers have merged to form a grower-led group in what it is believed to be a last-ditch attempt to resuscitate ailing Tongaat Hulett, which is on the brink of liquidation when the matter goes to a hearing in June 2026.
With no firm solution in sight to prevent its total collapse, GrowerCo has swooped in with a view of securing the funding necessary to keep Tongaat Huletts mills and refinery operational .
The coalition says its proposal is built around the long-term sustainability of Tongaat Hulett, with its members listed as potential equity partners as opposed to an extractive private-equity model.
