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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
Employees 3942
Industries Consumer Goods, Food and Beverage, Manufacturing
Funding Stage Secondary Market
Social

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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.

Business keywords: 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 $532.00M 1
Ajinomoto
08 Nov 2016
Private Equity Round Undisclosed 1
Tana Africa Capital
Tana Africa Capital
01 Jan 2007

Promasidor Alternatives & Competitors

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Promasidor vs
Comercial Masoliver S.A.U
Comercial Masoliver S.A.U Spain

Our Alliance. Our Success

39 employees
Consumer Goods, Food and Beverage
Compare Promasidor vs Comercial Masoliver S.A.U
Promasidor vs
Kemps LLC
Kemps LLC United States

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565 employees
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Promasidor vs
Keventer
Keventer India

#WholesomeIsAwesome

833 employees
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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 Consumer Goods, Food and Beverage and Manufacturing. Its work centres on food manufacturing, African market, corporate governance and social responsibility.
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 Comercial Masoliver S.A.U, Kemps LLC, Keventer, Kingdom, Dairibord Zimbabwe Private Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Promasidor and Comercial Masoliver S.A.U 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.

Source: BounceWatch company record for Promasidor, https://bouncewatch.com/company/promasidor-1, updated 20 May 2026. When citing, please name BounceWatch and link this page.

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