| #46 | Cadbury Nigeria Plc. |
|---|---|
| BSM Index | 42.5 |
| YoY | +1 |
| CEO | Oyeyimika Adeboye |
| Year Founded (in Nigeria) | 1965 |
| Website | http://ng.mondelezinternational.com/ |
| Head Office | Lateef Jakande Road, Agidingbi, Ikeja, Lagos; |
| Nationality | – |
| Customer Base | – |
| Number of Branches | – |
| Annual Revenue | – N80.4 billion (Dec. 2023) |
| Employees | 781 |
| Marketing Budget | – |
Cadbury Nigeria Plc:
A Delectable Legacy of Delightful Indulgence
Cadbury Nigeria Plc is a renowned name in the food and beverage industry and the brand has continues to uphold its legacy as a premier producer of quality confections and beverages in the country. As a subsidiary of Mondelēz International, a global leader in snacking, Cadbury Nigeria’s portfolio features popular products, such as Bournvita, TomTom, Buttermint, and Trebor, which have become household staples across the nation.
Established in the 1950s, Cadbury Nigeria initially focused on importing and repackaging cocoa and other products for the Nigerian market. This strategy laid the foundation for the company’s first manufacturing facility, which was inaugurated in Lagos in 1965. This milestone marked the local production of Bournvita, making it the first locally produced food drink in Nigeria, and setting the stage for Cadbury’s long-standing impact on the country’s food industry.
Over the years, the brand has not only grown its product line but also strengthened its supply chain. A significant development in its evolution was the establishment of Stanmark Industries in Ondo State, which processes cocoa into key raw materials for Bournvita and other products. This has helped the company maintain a strong presence in the local and international markets.
In recent years, Cadbury Nigeria has demonstrated resilience in the face of economic challenges. Despite a volatile operating environment marked by high inflation and currency devaluation, it reported a remarkable 43% revenue growth in the first quarter of 2024. This growth underscores the company’s robust market position and the enduring popularity of its products.
Cadbury Nigeria remains committed to its mission of delivering quality and nutritious products. The company has also been active in corporate social responsibility initiatives, particularly in promoting nutrition and healthy lifestyles among schoolchildren in Lagos. Through partnerships with organizations like Helen Keller International, Cadbury has reached thousands of children and families, fostering a positive impact on communities.
