PZ Cussons has decided to retain its Africa business after completing a strategic review launched in April 2024, the company announced on Thursday.
The Group, in a statement posted on its website, said it received multiple offers for the Africa portfolio but determined that "the offers received did not reflect the inherent value of the business."
It added that maintaining the operations would better support its goal of balancing its portfolio between developed markets, the UK and Australia/New Zealand, and emerging markets such as Indonesia and Nigeria .
