By Chikodi Okereocha
FrieslandCampina WAMCO has acquired the dairy business of Nutricima, makers of Olympic, Coast and Nunu, a range of powdered, evaporated and ready to drink milk products.
President of FrieslandCampina Consumer Dairy, Roel van Neerbos, said: “FrieslandCampina WAMCO has been a key player in Nigeria since 1954. With this acquisition, we demonstrate our strong commitment to Nigeria and its dairy market.”
Also, Managing Director of FrieslandCampina WAMCO Nigeria, Mr. Ben Langat, said: “It is our mission to bring affordable and attainable quality dairy products to all Nigerians and meet the growing demand. That’s why we are pleased with this acquisition.”
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Over the last few years, FrieslandCampina WAMCO has invested significantly in capital expenditure, including a new warehouse and a world-class Learning Academy to build capabilities across functions and to drive talent development.
(DDP).
The DDP is a major investment that has been at the center of Nigeria’s backward integration in local milk sourcing over the last decade, with over 9,000 local farmers spread across five states in Nigeria.
Langat assured that FrieslandCampina WAMCO will continue to expand its portfolio, particularly through low unit price packs and by strengthening its distribution reach in the market.
He said having fulfilled all requirements including requisite shareholders and regulatory approvals, FrieslandCampina WAMCO has commenced operations at the newly acquired plant.
