THE OLD PARMALAT FACTORY

R 94,000,000

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General Details
Description
Parmalat was one of the major parent companies in the South African dairy industry and is known for its quality cheeses and dairy products.
Parmalat was formed in 1961 by Calisto Tanzi -- the person who led the company until December, when he was replaced by turnaround expert Enrico Bondi.
Tanzi set up a small pasteurization plant in the town of Collection with the aim of supplying milk to the city of Parma and neighbouring areas.
In 1965, Parmalat began to sell specialized milk products from herds that were certified free of tuberculosis -- something other Italian milk producers had yet to do.
The company has since added new milk and dairy products, as well as fruit juices, bakery goods and tomato-based products.
THE FACTORY DETAILS AND BUILDING PLANS WILL BE PROVIDED UPON REQUEST

Property Reference #: 7002001-15512

Agent Details:
Quintus Bouwer
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274217765
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Estimated monthly repaymentR 1,018,685
Total property loan amountR 94,000,000
Total interestR 150,484,314
Total repaymentR 244,484,314
Interest rate at 11.75% for 20 years *
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