A Complete List Of Cadbury Branches In Nigeria – Food, sweets, and beverage manufacturer Cadbury Nigeria Plc is based in Lagos, Nigeria, and its shares are traded on the Nigeria stock exchange. Cadbury Nigeria Plc is a division of one of the biggest snack manufacturers in the world — which is Mondelez International. The company’s signature product, Bournvita, competes against Nestle, GSK, and Promasidor brands.
Brief History Of Cadbury Nigeria Plc
Since the 1950s, Cadbury Schweppes has been sourcing cocoa, importing goods in bulk, and repackaging them into tins for local consumption. In January 1965, the business established a manufacturing facility after discovering expanding market potential in the nation.
When Cadbury Schweppes sold 20% of its ownership stake in the corporation in 1976, the business became a publicly traded company. Due to the company’s commitment to integrating its supply chain, a sorghum conversion facility and Stanmark Industries, a cocoa processing plant, were established in Ondo.
Stanmark provides the raw materials for its main products, Bournvita, and generates revenue by exporting goods made with cocoa. 15,000 tons of cocoa beans were processed by the subsidiary into cocoa butter, cocoa liquor, and cocoa powder in 2006.
The company disclosed financial errors in several prior annual reports in a statement it issued in 2006. The CEO and the director of finance resigned as soon as the information was revealed. Afterward, the company disclosed that the mistakes would result in astounding item charges being recorded on its balance sheet.
How are Mondelēz International, Inc and Cadbury Nigeria related?
Mondelez Nigeria is a subsidiary of Mondelēz International, one of the world’s largest snack companies. Mondelēz International is the parent company of several popular snack brands, including Oreo, Cadbury, Toblerone, Ritz, and Trident.
In Nigeria, Mondelez operates a manufacturing plant in Ondo State, producing Cadbury products such as Bournvita, TomTom, and Buttermint. The company also distributes its products across the country through various retail channels. So, in summary, we can say Mondelez is the parent company of Cadbury Nigeria Plc.
Updated List Of Cadbury Branches In Nigeria
Where is Cadbury Headquarters? The headquarters of Nigeria, the country’s branch of Cadbury, is situated on Lateef Jakande Road in Agidingbi Ikeja, Lagos.
P. O. Box – 164, Ikeja, Lagos.
To contact Cadbury for inquiries or recruitment, use the contacts below:
OFFICIAL WEBSITE – www.cadburynigeria.com
Cadbury’s official email address and phone numbers – email@example.com
Also, you can reach them via phone at (234-01-2717777) or fax at (234-01-2717798).
All Brands and Products Of Cadbury Nigeria Plc
Bournvita and Tom Tom are the company’s two main products. Both were first introduced to the nation, the former in 1960 and the latter in 1970. Following the construction of a production plant in 1965, the company began to advertise Bournvita, which helped to grow the brand’s market share.
After that, Bournvita rose to the top of its sector of the market. The company added vital vitamins and minerals to Bournvita in 1994 to better meet nutritional requirements.
Below is a complete list of all their products
- Cadbury Bournvita
- Trebor Buttermint
- Cadbury Hot Chocolate
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The company also produces Trebor, Cadbury Eclairs, Malta Sweets, and Original Peppermint. In 2018, beverages made up 58% of the company’s sales, and sweets made up 26%. Moreover, it sells Bubba Gum, Hall Take 5, Crème Rollers, and Chocki.
Cadbury Nigeria reported a 110% increase in profit after tax from N449.712 million realized a year ago to N946.093 million in the 2022 financial year.