PZ Cussons Exits Nigerian Palm Oil Sector, Sells Entire Stake in PZ Wilmar to Wilmar International for $70 Million
PZ Cussons Plc has officially agreed to divest its 50 percent stake in PZ Wilmar Limited to its joint venture partner, Wilmar International Limited, in a transaction valued at $70 million. This move marks PZ Cussons’ complete exit from the Nigerian palm oil industry, which it helped establish back in 2010. The deal, pending regulatory