- CEO
- Ayman Hussein Fahmy Gaafar
- Full Time Employees
- 356
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Ikeja Nigeria
- IPO Date
- Aug 11, 1995
- Business
- Cadbury Nigeria PLC is a Nigeria-based fast-moving consumer goods (FMCG) company that manufactures, packages, markets, and distributes refreshment beverages, confectionery products, and intermediate cocoa derivatives. The company operates through three principal business segments: Refreshment Beverages, Confectionery, and Intermediate Cocoa Products. Its Refreshment Beverages segment offers cocoa-based malt food drinks and hot beverage formulations sold under the Cadbury Bournvita and Cadbury 3-in-1 Hot Chocolate brand names, along with cocoa-based snack line extensions including Bournvita Biscuits; its Confectionery segment produces and markets mentholated candies, functional throat drops, breath-freshening chewing gums, and hard-boiled sweets sold under the TomTom, Trebor Buttermint, Clorets, Candy Caramel, and Candy Coffee brands; and its Intermediate Cocoa Products segment manufactures industrial cocoa derivatives, including cocoa butter, cocoa liquor, cocoa cake, and cocoa powder for internal manufacturing requirements and commercial supply to domestic and international food and beverage processors. Cadbury Nigeria PLC distributes its consumer products throughout Nigeria via an extensive distribution network of accredited distributors, wholesalers, supermarket chains, and open-market retailers, while exporting intermediate cocoa derivatives and packaged items to markets across West Africa and overseas. Incorporated in 1965 and headquartered in Ikeja, Lagos, Nigeria, the company operates as a subsidiary of Cadbury Schweppes Overseas Limited, an indirect entity of Mondelēz International, Inc. In recent corporate developments, Cadbury Nigeria executed a major balance sheet restructuring by converting an outstanding intercompany loan of approximately 7.72 million US dollars (7.04 billion Nigerian naira) owed to Cadbury Schweppes Overseas Limited into ordinary equity shares, strengthening its liquidity profile and mitigating foreign exchange risks. The company has also strategically optimized its manufacturing operations, introduced adapted product pack formats to protect consumer affordability amid elevated input costs, and restructured its executive leadership with the appointments of Ayman Gaafar as Managing Director and Dr. Doyin Salami as Chairman of the Board of Directors.