CSM puts bakery supplies arm on the block to reposition as bio-ingredients firm
date:May 08, 2012
ds from the divestments will be used to extinguish debts and invest for organic growth including funding bolt-on acquisitions.


Nuijten was asked what the divestments would mean for existing customers of these businesses. She said that business operations would remain unaffected and no changes were expected in the short-term.


The divestment is expected to mean further job losses at CSM, beyond the 100 job cuts announced in February. Nuijten said it wastoo earlyto say how many more jobs would
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