Woolworths CEO Roy Bagattini seals in2food deal to control its premium meals supply chain
Woolworths is buying 100% of in2food Holdings from its founders and Old Mutual Private Equity in a cash deal expected to lift earnings immediately.
Skip to content
Woolworths is buying 100% of in2food Holdings from its founders and Old Mutual Private Equity in a cash deal expected to lift earnings immediately.
The company's revenue surged to $4.3 billion, primarily driven by strong sales growth in its core South African operations.
The compensation package underscores Isaacs’ indispensable commitment and prowess as a seasoned executive in the global retail industry.
Woolworths rewards Ngumeni’s pivotal role with an impressive increase, mirroring the company’s stellar financial year.
In addition to his executive and governance responsibilities, Roy Bagattini holds a minority stake of 0.158 percent in Woolworths Holdings.