Promasidor logo — Leading provider of high-quality food products across variou...

Promasidor

Leading provider of high-quality food products across various regions in Africa

Founded 1981 Nigeria Nigeria 3942 employees Secondary Market Total: $532.00M Consumer Goods, Food and Beverage +1

General Information

Company Name Promasidor
Founded Year 1981
Location Nigeria Nigeria +4
Employees 3942
Industries Consumer Goods, Food and Beverage, Manufacturing
Funding Stage Secondary Market
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About Promasidor

Promasidor is a leading provider of high-quality food products across various regions in Africa. The company, founded in 1981 and headquartered in Nigeria, takes pride in its African heritage and is fully committed to the continent. With a focus on manufacturing, marketing, and selling unique brands, Promasidor aims to bring practicality and pleasure to millions of consumers across Africa. The company's vision is to ensure that everyone in Africa has the opportunity to purchase their brands, firmly believing that every individual on the continent deserves this chance. Promasidor is dedicated to upholding quality, values, and profitability as the guiding principles of its operations. With a track record of over 30 years of success, Promasidor has demonstrated an in-depth understanding of the needs of consumers, employees, suppliers, and stakeholders. The company has received a significant $532.00M investment in the secondary market, with Ajinomoto being the investor, on 08 November 2016. This investment is a testament to the company's potential and its appeal to notable investors.

Taxonomy: food manufacturing, African market, corporate governance, social responsibility, seasonings, processed foods, powdered beverages, dairy products, cereals, beverage industry, African expansion, sustainable growth, corporate values, stakeholder commitment

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market •••••• 1 •••• •••• 08 Nov 2016
Private Equity Round •••••• 1
Investor
01 Jan 2007

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FAQ About Promasidor

Leading provider of high-quality food products across various regions in Africa
Promasidor was founded in 1981.
Promasidor is headquartered in Nigeria.
Promasidor operates in the following industries: Consumer Goods, Food and Beverage, Manufacturing.
Promasidor has approximately 3942 employees.
Promasidor has completed 2 funding rounds, raising a total of $532.00M. The latest funding stage is Secondary Market.
Top alternatives and competitors to Promasidor include Vermont Sales (Pty) Ltd, Jaipur Rugs, Goodlife Consumer Pvt Ltd, Team Internet, Midas Group Audio & Visual. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Promasidor and Vermont Sales (Pty) Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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