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Unga Group to sell baking business in cost-cutting plan - VIDEO

Unga Group CEO Nick Hutchinson. FILE PHOTO | NMG

By  GERALD ANDAE

Unga Group PLC #ticker:UNGA is set to exit baking business for the second time with the sale of Ennsvalley Bakery to a logistics company, just a decade after it acquired it.

The company will be selling its bread business to BigCold as it seeks to cut costs and improve efficiency.

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