Not many shareholders in Novus Holdings will shed tears when the printing and packaging group disposes of its thin-margined tissue business.

While the need to diversify away from the strains of the printing industry was understandable, the 2014 acquisition of a KwaZulu-Natal-based tissue plant was probably not the best way to mop up profits...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.