Announced
Completed
Synopsis
FrieslandCampina WAMCO, an affiliate of Royal FrieslandCampina, a Dutch multinational dairy cooperative, completed the acquisition of Nutricima, a dairy sector company, from PZ Cussons, a consumer products group. Financial terms were not disclosed. "The proposed sale of Nutricima and the sale of Luksja are further steps forward under our 'Focus, Scale and Accelerate' strategy, as we continue to streamline the Group to focus investment on core Personal Care and Beauty brands. This will enable us to deliver higher margin earnings, in geographies which can scale, and support the return of the Group to sustainable, profitable growth," Caroline Silver, PZ Cussons Executive Chair.
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