Pental Ltd (ASX:PTL) managing director Charlie McLeish speaks with Proactive after entering a deal to sell its consumer products business and the Shepparton manufacturing facility to Selleys, a division of DuluxGroup, for $60 million on a debt and cash free basis. The Pental board believes this transaction represents significant value recognition for shareholders. Moving forward, Pental will transition into a dedicated e-commerce business underpinned by its e-commerce hamper and gifting business ‘Hampers with Bite’.
Pental has clear strategy to grow its e-Commerce business
