Tupperware CEO-Miguel Fernandez

Tupperware CEO-Miguel Fernandez

In a report in the Orlando Business Journal, Miguel Fernandez, who was named CEO of cult Florida listed company Tupperware in March 2020, announced that the company had owned 740 acres in Orlando, Florida, including 500 acres of wetlands, as well as any remaining company-owned Will sell land to O'Connor Capital Partners for $ 87 million.

'Sale and lease back' should bring liquidity

The red pencil rules at Tupperware. In addition to $ 180 million in cost-cutting measures announced in April, the company's real estate silverware has now also been sold in an attempt to raise liquidity.

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