Tiger Acquires Leading Mayo Company

Leading branded food company Tiger Brands acquired leading mayonnaise company Cross & Blackwell South Africa (C&B) from Nestlé for an undisclosed sum. BMI believes the deal is a real coup for Tiger and fits well with its strategy to acquire well- known domestic brands, and use its vast resources to grow them organically. By buying high potential companies like C&B, Tiger is capitalising on its status as one of a relatively limited number of domestic companies possessing the necessary finance to fund acquisitions, at a time when South Africa has officially entered into recession after the economy contracted at

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