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Home Business News

GSK Nigeria Has Received An Offer To Sell Its Ribena & Lucozade Businesses

Nairametrics by Nairametrics
January 28, 2016
in Business News
GSK Nigeria Has Received An Offer To Sell Its Ribena & Lucozade Businesses

GSK Ribena Production Line

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Reuters reports GSK has been made an offer to sell its bottling and distribution drinks businesses. The offer to divest came from Suntory Beverage & Food Ltd.

If transaction is agreed and approved, GSK Nigeria would only now own its wellness, oral healthcare business nutrition and pharmaceutical businesses.

GSK Nigeria’s bottling franchise includes Ribena and Lucozade Boost and are popular brands in Nigeria.

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Tags: Consumer GoodsGSK Plc
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