146:
investments were made in the country when the group absorbed the haulage business of
Blackwood Hodge integrating it with its Indomie enterprise to deliver supplies to wholesalers. Indomie instant noodles gradually thrived in the Nigerian market, significant growth was achieved after the return of democracy in 1999 and the brand soon came to dominate the market.
27:
149:
In 1995, concern shifted towards local manufacturing of its key brand and a noodles plant was constructed which began operations in 1996. To support the plant and ensure performance, it integrated many parts of its operations with additional investments in energy supply, and expansion of its logistic
153:
Tolaram Group entered into a venture between its
Multipro brand and Kellogg's Corporation in 2015 to produce and market Kellogg's food products in Nigeria. Another joint venture with Arla Group was established to market and distribute Dano products in Nigeria. Tolaram's MCPL has also partnered with
145:
manufactured by
Indofoods of the Salim Group of Indonesia and Maggi of the Nestlé brought by Indofood as well as its joint venture in Indonesia. The product was new to Nigeria and Tolaram's management desire was to market the brand, obtain significant following and attain market leadership. Further
215:
Tolaram Group acquired in 1995 from the government of
Estonia a paper mill that was bankrupt at the time of purchase. It was renamed Horizon Pulp and Paper Mill and is the only producer of sack kraft paper in the Baltics. In 2018, Horizon inaugurated a new combined heat and power plant (CHP) that
206:
with an integrated deep-sea port in the Lekki area of Lagos. Lekki Port is
Nigeria's single largest private infrastructure investment. The port is expected to have an aggregate impact of approximately US$ 361b on the Nigerian economy over the 45-year concession period.
157:
In 2019–2020, Tolaram Group made a joint venture again with
Colgate Palmolive as Colgate Palmolive Tolaram to produce and distribute Colgate toothpaste and also to distribute Kimberly-Clark products, Huggies and Kotex products. In 2024, Tolaram acquired a 58% stake in
133:, Indonesia in 1948. The business subsequently expanded into textile manufacturing and distributing consumer goods. Tolaram relocated its headquarters to Singapore in 1975 and began exporting to Africa in the late 70s.
835:
666:
174:
Tolaram Group holds significant equity in Amar Bank, Indonesia's first digital bank. The institution encourages digital transactions through its microloans platform,
616:
117:
with diversified business interests in consumer goods, fintech, infrastructure and industrials. It has a presence across Asia, Africa, Europe and South
America.
1157:
446:
216:
cover the mill's energy needs and is part of an environment-centric investment program. Horizon exports to Europe, Asia, Africa and the Middle East.
765:
567:
1047:
150:
and distribution network. Multipro
Limited was also established in 1997 to distribute various products including the company's brands.
1178:
836:"Infrastructure upgrades: Port facilities will be given a boost to expand transit shipment, increase volumes and limit evasion"
534:
591:
509:
1106:
1040:
741:
1116:
910:"Horizon Pulp & Paper inaugurates new CHP plant at its Kehra mill in Estonia | RISI Technology Channels"
1126:
641:
154:
Cadbury
Nigeria Plc. to jointly co-promote of Bournvita & Indomie products in a short term promo.
191:
1033:
861:
815:
690:
667:"Colgate Palmolive Partners With Tolaram Group To Bring Innovative Oral Care Options To Nigeria"
573:
563:
495:
268:
1070:
496:"How one company defied the odds and is grossing almost $ 1 billion in revenue… in Nigeria"
142:
50:
40:
885:
202:
In 2019, it was announced
Tolaram Group is developing Nigeria's first privately owned
1172:
1152:
1121:
1080:
395:
617:"Arla boosts West African 'distribution backbone' with JVs in Nigeria and Senegal"
329:
248:
Indomie instant noodle, Minimie Noodles & Chin Chin, Power Pasta, Pure Flour
125:
Tolaram Group origins can be traced to the textile trade of Khanchand Vaswani, a
242:
55:
1056:
790:
577:
303:
909:
114:
87:
1006:
982:
421:
1111:
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766:"Indonesia's Amar Bank taps Google Cloud for launch of smart phone bank"
1147:
691:"The Singaporean firm betting on Nigeria amid multinationals' 'exodus'"
471:
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45:
1085:
163:
130:
26:
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562:(First ed.). New York, NY: Harper Business. pp. 79–93.
183:
1029:
718:"Indonesia's Bank Amar relies on head start to see off rivals"
447:"How to turn a family shop into a $ 1.8 billion multinational"
1025:
203:
445:
Bloomberg, Klaus Wille & Pei Yi Mak (12 October 2018).
100:
933:
187:
179:
259:
Power Oil, Emperor Oil, Kimberly-Clark, Huggies, Kotex
175:
335:
Corn Flakes, Munch It, Go Grains, Coco Pops, Pringles
1140:
1099:
1063:
178:, and cloud-based mobile-only digital banking app,
94:
82:
64:
33:
141:In 1988, Tolaram Group began exporting to Nigeria
816:"Noodle maker plans busiest port in west Africa"
535:"How Indomie Became Insanely Popular in Nigeria"
1158:Jyllands-Posten Muhammad cartoons controversy
1041:
742:"Tunaiku Eyeing SMEs Engaged in Online Sales"
340:Horizon Pulp & Paper, Kehra Harju county
8:
19:
186:, a digital-lending platform in Brazil and
1048:
1034:
1026:
18:
533:Wargadiredja, Arzia Tivany (2017-04-24).
642:"Cadbury, Tolaram launch yuletide promo"
223:
387:
129:businessman, who established a shop in
558:Christensen, Clayton M. (2019-01-15).
113:is a holding company headquartered in
886:"Kehra Pulp & Paper Mill – Kehra"
7:
791:"Morcote Holdings | Our Investments"
365:Nobel Carpets & Rugs/ Lush Hair
253:Multipro Consumer Products Limited
328:Consumer goods joint venture with
302:Consumer goods joint venture with
267:Consumer goods joint venture with
241:Consumer goods joint venture with
16:Holding company based in Singapore
14:
814:Munshi, Neil (October 21, 2019).
362:Textile, Fibre, Interior, Beauty
230:Business activity/main location
25:
182:. Tolaram has also invested in
279:Lagos Free Trade Zone Company
1:
958:"Dufil Prima Foods- About Us"
716:DiBiasio, Jame (2021-05-24).
325:Kellogg Tolaram Nigeria Plc
314:Tolaram Nutri Beverages Ltd
396:"Tolaram Group – Bloomberg"
317:Consumer goods/West Africa
289:Lekki Port LFTZ Enterprise
70:; 76 years ago
1195:
665:globalcosmeticsnews.com.
264:Colgate Pamolive Tolaram
256:Distribution/West Africa
24:
1107:Dairy Farmers of America
162:' Nigeria business from
1117:Juhayna Food Industries
914:technology.risiinfo.com
671:globalcosmeticsnews.com
640:thenationonlineng.net.
343:consumer goods/Estonia
1179:Companies of Singapore
1127:Morinaga Milk Industry
560:The prosperity paradox
373:Condiments, Seasoning
320:Goodlife Magik juices
238:DUFIL Prima Foods Plc
840:Oxford Business Group
646:thenationonlineng.net
370:Addmie Nutrition Ltd
194:platform in Estonia.
292:Port services/Lagos
795:Morcote Investments
615:dairyreporter.com.
21:
860:Adeleye, Adeyemo.
376:Addmie Noodlemate
1166:
1165:
962:Dufil Prima Foods
770:Finextra Research
621:dairyreporter.com
569:978-0-06-285183-3
400:www.bloomberg.com
380:
379:
359:Lucky Fibres Plc
346:Horizon products
269:Colgate Palmolive
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107:
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1007:"Our Businesses"
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983:"Our Businesses"
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101:Official website
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722:Digital Finance
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204:free trade zone
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143:instant noodles
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697:. 19 June 2024
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1153:Arla Foods UK
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1132:Tolaram Group
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1122:Mengniu Dairy
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890:wikimapia.org
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746:Jakarta Globe
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472:"Our Journey"
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332:/West Africa
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306:/West Africa
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271:/West Africa
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245:/West Africa
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111:Tolaram Group
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20:Tolaram Group
1131:
1100:Distributors
1081:Gotland Blue
1014:. Retrieved
1010:
1001:
990:. Retrieved
986:
977:
965:. Retrieved
961:
952:
941:. Retrieved
937:
928:
917:. Retrieved
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893:. Retrieved
889:
880:
869:. Retrieved
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855:
844:. Retrieved
842:. 2013-12-08
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830:
819:. Retrieved
809:
798:. Retrieved
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774:. Retrieved
772:. 2020-07-03
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399:
390:
220:Subsidiaries
214:
201:
173:
156:
152:
148:
140:
124:
110:
109:
83:Headquarters
967:21 November
456:27 February
406:27 February
402:. Bloomberg
243:Salim Group
227:Trade Name
211:Industrials
56:Industrials
1057:Arla Foods
1016:2022-02-22
992:2022-02-22
943:2021-11-16
919:2021-11-16
895:2021-11-16
871:2021-11-17
862:"The Port"
846:2021-11-17
821:2020-02-10
800:2021-11-18
776:2021-11-18
751:2021-11-18
727:2021-11-18
676:2022-02-23
651:2022-02-23
626:2020-02-10
601:2020-02-10
578:1082518619
544:2020-02-10
519:2020-02-10
481:2021-11-15
431:2021-11-15
383:References
351:Amar Bank
309:Dano milk
282:FTZ/Lagos
184:Click Cash
934:"Horizon"
866:Lekkiport
330:Kellogg's
192:P2P loans
115:Singapore
88:Singapore
1173:Category
1112:Indofood
1071:Castello
592:"Page 1"
510:"Page 1"
354:Finance
299:TG Arla
180:Senyumku
160:Guinness
34:Industry
1148:Arla Oy
1141:Related
1011:Tolaram
987:Tolaram
938:Horizon
701:28 June
476:Tolaram
426:Tolaram
233:Brands
176:Tunaiku
170:Fintech
121:History
95:Website
73: (
65:Founded
46:Fintech
1086:Lurpak
1064:Brands
576:
566:
188:Income
164:Diageo
131:Malang
127:Sindhi
1091:Pucko
1076:Cocio
969:2021
703:2024
574:OCLC
564:ISBN
539:Vice
458:2022
451:mint
408:2022
304:Arla
190:, a
75:1948
68:1948
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
