Our history starts when we were still the Dairy Marketing Board (DMB) which was state-owned parastatal. A brief summary is as given below.
Our history starts when we were still the Dairy Marketing Board (DMB) which was state-owned parastatal. A brief summary is as given below.
Dairy Marketing Board established under the Agricultural Marketing Act of 1951.
New Dairy Commissioned in Harare.
New Dairy Commissioned in Kadoma.
Chipinge Dairy Constructed.
Bulawayo Dairy Commissioned.
The name of the company changed to Dairibord Zimbabwe Limited (DZL) from Dairy Marketing Board and the company was incorporated.
Dairibord became the first state- owned company in Zimbabwe to privatize, and listed on the Zimbabwe Stock Exchange the same year.
In June 2001, DZL acquired 100% ownership of Lyons Zimbabwe business and forms a transport and Logistics company – NFB Logistics in 2003.
The company transformed into a holding company with four subsidiaries – Dairibord Zimbabwe (Private) Limited, Lyons, Dairibord Malawi (Private) Limited and NFB Logistics (Private) Limited. The name of the holding company changed to Dairibord Holdings Limited (DHL) from Dairibord Zimbabwe Limited (DZL).
Martindale (Private) Limited and NFB Logistics (Private) Limited, which were 100% subsidiaries of Dairibord Holdings Limited until 31 December 2015, were decorporatised and their operations were transferred to Dairibord Zimbabwe (Private) Limited under the reorganisation.
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