Clover: Clovers cashes in US$2.9m from sale of cold storage, distribution center as part of centralization operation

SOUTH AFRICA - South Africa's branded foods and beverages group, Clover Industries Limited, has disposed its cold storage and distribution centre in City Deep, Johannesburg for R52.5 million (US$2.9m). The dairy group, according to reports by IOL, has sold off the warehouse to a private Durban investor, who will lease the premises out to a...