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PZ Cussons invests in Nigeria

Created:
26 September 2007
Written by:
Nathalie Olof-Ors

PZ Cussons, owner of the Imperial Leather and Charles Worthington brands, is investing £18m in Nigeria to modernise its facilities in its health and beauty division, and to improve the logistics of its electrical division. The group is also building a new factory in the UK.

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Nigeria is a fast-growing economy, and Africa accounts for almost 40 per cent of PZ Cussons' operating profits. Good value at 166p.


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