Henkel is committed to showing support for the South African government's broad-based BEE to enable previously disadvantaged communities to participate more fully in the economy.

Having evaluated different strategic options, we became convinced that the sale of the foods business was the best solution for our company. This step will enable us to concentrate on our core businesses in home and personal care.

This step will enable us to concentrate on our core businesses in home and personal care.

In the future, we are targeting around 30 pct of sales to be generated with products that have been in the market for less than three years.

We will provide more information after the deal is closed.