Select Harvests (ASX:SHV) share price on watch after asset sale and restructure plans

The Select Harvests Limited (ASX: SHV) share price will be on watch after announcing the conclusion of its comprehensive strategic review of growth options and supply chain solutions for the food division.

Divestment plan for a Select Harvests asset

Select Harvests explained that the strategic review found that the Thomastown facility is not a core part of the future supply chain requirements and the strategic focus of the business is best directed to investing in the Carina West processing facility where it adds value and markets its almonds for sale in the domestic and export markets.

How did it reach that decision?

The conclusion was…