Nestlé has sold its South African Cremora creamer business to Lactalis. The deal includes two manufacturing plants and ensures that Cremora will continue under Lactalis’ ownership. Nestlé will focus its Harare plant on other products and reaffirms its commitment to East and Southern Africa’s market growth.
Nestlé has announced the divestment of its Cremora creamer business in South Africa to the French dairy conglomerate Lactalis. This strategic move involves the sale of two key manufacturing plants located in Babelegi and Potchefstroom, which are responsible for producing the renowned Cremora brand. The transaction is set to be completed with no expected job losses at these facilities.
Cremora, a beloved product in South Africa for over 77 years, will continue to be produced under Lactalis’ management. However, Nestlé’s Harare, Zimbabwe plant, which also manufactures Cremora, will halt production of this brand. The Harare facility will pivot to producing other Nestlé products, including the Everyday and Cerevita lines of creamers and breakfast cereals.
Also Read: Nestlé Nigeria Unveils Eco-Friendly Golden Morn Packaging
Nestlé has emphasized that despite the sale of Cremora, the company remains deeply committed to the East and Southern Africa Region (ESAR). The company operates five production facilities across South Africa, where it manufactures a wide range of products, including beverages, dairy items, health products, and confectionery.
Mota Mota, Nestlé’s regional head of communications, expressed confidence in the transition.
We believe that Cremora is in good hands with Lactalis. This transition is in the best interests of our business, employees, customers, partners, and consumers, ensuring that Cremora continues to thrive and deliver quality products under new ownership,”
Mota Mota, Nestlé’s regional head of communications
This sale represents a significant shift in Nestlé’s regional portfolio and highlights the company’s focus on sustainable growth and adaptation within the East and Southern Africa markets.
