Tupperware’s Gauteng head office and distribution centre up for sale – Moneyweb
Global food container and plasticware company Tupperware has placed its industrial property and head office in Brakpan, Gauteng, on the market for an undisclosed amount. This is as the group looks to dispose of its non-core assets amid liquidity concerns.
Tupperware’s 41 585m2 South African base was listed for sale on the Naspers-owned property search engine Property24 in July, months after reports surfaced in April that the American company was facing financial hardship.
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Read: Tupperware rises a day after 50% slump on going concern warning
In a short response to Moneyweb’s questions on the sale of the property, Tupperware’s senior manager for global communications and public relations, Yeni Gonzalez, said the sale forms part of the group’s global strategy but clarified that it does not mean the end of its activity in the local market.
“The…
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source: https://news.oneseocompany.com/2023/08/09/tupperwares-gauteng-head-office-and-distribution-centre-up-for-sale-moneyweb_2023080948747.html
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