Tiger Brands concludes sale of its processed meat business

Boxes of Jungle Oats, one of Tiger Brands’s original products. Picture: REUTERS/MIKE HUTCHINGS

Food producer Tiger Brands has concluded a sale of its value-added meat products business, which was temporarily closed following a listeriosis outbreak in 2018. The company said on Thursday that the acquisition of the meat processing businesses at Germiston, Polokwane and Pretoria by Silver Blade Abattoir, a wholly owned subsidiary of Country Bird Holdings, has become unconditional.Tiger Brands said it had agreed to sell its processed meat factories and inventories, previously linked to the listeria outbreak, to chicken business Country Bird Holdings for about R311m.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Denel failed to follow due process when appointing Gupta-linked company | CitypressA former supply chain management executive at Denel Land Systems, Celia Malahlela, has alleged the state-owned arms manufacturer failed to follow due process when appointing VR Laser We need a legal definition of what Gupta-linked is. It's clear pockets where lined up already, Gupta's flew out of this country via Lanseria airport having loaded billions of this country's currency just because of one person butternut kop
Source: City_Press - 🏆 7. / 72 Read more »