Information South Africa- Tiger Brands to sell processed meat division traced to deadly outbreak

Food Safety News

Tiger Brands is to sell its processed meats division, which includes the business implicated in the Listeria outbreak in South Africa in 2017 and 2018.

The transaction includes two separate deals — Molare Proprietary Ltd. will buy the abattoir business at Olifantsfontein and Silver Blade Abattoir Proprietary Ltd., a wholly-owned subsidiary of Country Bird Holdings, will acquire the meat processing businesses at Germiston, Polokwane and Pretoria.

Molare, a major supplier of pigs to the abattoir business, will pay 117 million Rand ($6.7 million) for this deal while Silver Blade has agreed a 311 million Rand ($17.8 million) purchase for the meat processing businesses and all the inventories with the transaction expected to be effective beginning in November this year.

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