LONDON: PZ Cussons plc announced Wednesday the sale of its 50% stake in Nigerian edible oils business PZ Wilmar to joint venture partner Wilmar International Limited for $70 million (£51 million). The sale, part of a broader portfolio transformation, is expected to net approximately $64 million (£47 million) after taxes and fees. Proceeds will be…
LONDON, UK: PZ Cussons, a British consumer goods company, has announced its intention to acquire the remaining shares of its Nigerian subsidiary, PZ Cussons Nigeria Plc (PZCN), and de-list it from the Nigerian stock exchange. The move is aimed at simplifying and strengthening its business in Nigeria, a key market for the Group. According to…
LONDON, UK: PZ Cussons plc has acquired the entire issued share capital of Childs Farm. Childs Farm is the UK’s favourite baby & child toiletries brand based in Basingstoke, Hampshire, where it employs 35 staff. Founded by mum of two, Joanna Jensen, as a solution to her own daughters’ sensitive and eczema prone skin, the…
PZ Cussons is a major British manufacturer of personal healthcare products and consumer goods. It operates worldwide, especially in Africa and Commonwealth nations. The company is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. PZ Cussons Group has a marketing presence in Europe, Africa and Asia. PZ Cussons…