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      NESTLE NIGERIA PLC Company Profile

      NESTLE NIGERIA PLC

      The history of Nestle Nigeria Plc began in 1866, with the foundation of the Anglo-Swiss Condensed Milk Company. Henri Nestlé developed a breakthrough infant food in 1867, and in 1905 the Company he founded merged with Anglo-Swiss, to form what is now known as the Nestlé Group.  
       
      Nestle Nigeria Plc is a publicly listed food and beverage specialty company that has its headquarter in Lagos. It is majority owned by Nestle S.A. of Switzerland. The company was founded in 1961 and conducted trading under the name of Nestle Products Nigeria Limited.
       
       
      The Company began business under the trade name of Nestle Products Nigeria, in 1969; the name was changed to Food Specialties Limited. It began trading on the Nigerian Stock Exchange in 1979 following an indigenization promotion decree. In 1991, the Company's name was changed to Nestle Foods Nigeria and 10 years later it became Nestle Nigeria PLC. At inception, the firm's operation was in distribution and sales of Nestle products, which had previously been imported into the country by merchants. 

      In 1971, improved demand for its Maggi seasoning product led to the establishment of a packaging plant in Lagos. The firm leased land at the then newly created Agbara Estate in 1978 and three years later began manufacturing Maggi and Milo products. In 1982, Cerelac was produced in Nigeria from Agbara. Between 1984 and 1986, the Company introduced baby-weaning products with higher local content, this includes Cerelac Maize and Nutrend, with a mixture of soy and maize. It later introduced Chocomilo as a confectionery item. In 2011, the firm expanded production of its marquee with the opening of a Maggi factory in Flowergate, Ogun State. 
       
       
      OTHER NESTLE BUSINESSES
      Nestlé Health Science
      Nestlé Institute of Health Sciences
      Nestlé Espressos
      Nestlé Nutrition Institute
      Nestlé Purina Petcare
      Nestlé Skin Health
      Nestlé Waters
      Nestlé Research Center
       
       
      BOARD OF DIRECTORS
       
      David Ifezulike - Chairman
      Jagdish Kumar Singla - Director-Finance & Control & Director
      Remy Ejel - Non-Executive Director
      Mauricio Alarcón - Chief Executive Officer & MD & Director
      Ricardo Chavez - Non-Executive Director
      Juliet Ehimuan - Independent Non-Executive Director
       

      Industrial Avenue 22-24 Ilupeju, Lagos Nigeria
      Phone: +234 1 279 0707

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