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Dairibord Holdings Limited was incorporated in 1994. In July 1997, Dairibord became the first state-owned company in Zimbabwe to privatise, and listed on the Zimbabwe Stock Exchange the same year. In 2005, Dairibord was restructured to form a holding company, DZL Holdings Limited. In April 2006, the name of the holding company was changed to Dairibord Holdings. The company has performed consistently well and has been named as one of the top ten listed companies.