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History

Steady growth and continued exceptional performance has made RB Patel Group Ltd (RBG) one of Fiji’s leading retail groups. Starting operations from a single family owned supermarket in Labasa in the 1930’s, the company has grown into a recognized supermarket chain with ten stores around the country. It now operates retail stores in Labasa, Suva, Nausori, Nadi, Nasinu, Sigatoka, Lautoka and Lami. While RBG’s core business is retailing, it also has interests in wholesaling and property. RBG is a leading wholesaler, supplying consumer and household products to around 700 smaller stores in Fiji and the South Pacific region. Its wholesaling arm is complementary to the core business as it wholesales the same products it retails in its stores. As a result RBG benefits from cost and operational synergies present across the two business segments. The company also holds a strong and diversified portfolio of commercial property. The most recent addition to its property portfolio is the HarbourPoint complex in Lami. The complex was completed in March 2012 and houses a supermarket and retail shops and offices. RBG was listed on the South Pacific Stock Exchange in July 2001 with the placement of 30 million shares at $0.85 each. Since listing the company’s shares have been one of the most actively traded stocks on the market with more than 40 million shares changing hands. RBG shares are currently trading at $3.05 and the company’s total market capitalization now stands at $91 million.

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