Deca Investments acquired Minerva from PZ Cussons for $50m.

Deca Investments, an alternative investment fund manager, acquired Minerva, Greek food business, from PZ Cussons, one of the largest international consumer products groups, for $50m. "The sale of Minerva provides additional proceeds to continue to drive our strategy forward. Deca is an excellent partner for Minerva's future growth prospects and I would like to thank the Minerva team for their hard work and dedication during their time with us and wish them every success in the future." Alex Kanellis, CEO PZ Cussons.