Why Tiger Brands is holding onto Purity despite selling Baby Wellbeing
Tiger Brands, one of South Africa’s largest food producers, has announced its decision to sell its Baby Wellbeing division for R605 million (approximately $33.37 million). The sale excludes the Purity brand, which the company has retained as a cornerstone of its baby nutrition portfolio. This strategic move reflects Tiger Brands’ ongoing efforts to streamline operations […]