UK Consumer Goods Group PZ Cussons to Keep Africa Business After Strategic Review

06:07 AM EST, 12/11/2025 (MT Newswires) -- PZ Cussons (PZC.L) decided to retain its Africa business following a strategic review, which includes the planned sale of 50% of its Nigerian non-core edible oils business, PZ Wilmar, to Wilmar International. While the wider Africa portfolio received "significant levels of interest" from potential buyers, the British consumer goods company said Thursday that the offers "did not reflect the inherent value of the business" and retaining it will deliver the "greatest value for shareholders." As such, PZ Cussons outlined growth plans for the business, such as growing the core business in Nigeria, Kenya and Ghana, as well as expansion into new category adjacencies and in other African markets.