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Goodman Fielder Ltd announces proposed divestment of meats and pizza businesses in New Zealand

Tuesday, 7 Jan 2014 03:41pm EST 

Goodman Fielder Ltd:Has continued its strategy to optimise its product and brand portfolio, announcing it has agreed proposals to sell its Meats and Pizza businesses in New Zealand.Says the divestments represented the near conclusion of the company's strategy to refocus on its core categories where it has profitable positions.Says it has agreed a proposal to sell its Meats business to Hellers Ltd.Says proposed sale is subject to an employee consultation process and the consideration of any feedback received as part of that process.Says its meats business processes and markets small goods meat products to the New Zealand market including, Kiwi bacon and ham, Brooks Deli continental meats and bacon, Hutton’s luncheon, bacon and ham, Sizzlers pre-cooked smallgoods and Milano cooked continental meats. 

Company Quote

-0.025 -1.43%
19 Sep 2014