FrieslandCampina WAMCO Completes Acquisition Of Nutricima’s Dairy Business

Dutch-owned dairy products company, FrieslandCampina WAMCO, has completed the acquisition of  Nutricima’s dairy business.

Consequently, Nutricima’s dairy brands; Olympic, Coast and Nunu, will be integrated into  FrieslandCampina WAMCO who are the makers of Peak and Three Crowns brands of milk in Nigeria.

The Executive Director, Corporate Affairs, FrieslandCampina WAMCO Nigeria, Ore Famurewa, disclosed this on Tuesday in Lagos.

“FrieslandCampina WAMCO has acquired the company’s production facility in Ikorodu, Lagos State, and the brands Olympic, Coast and Nunu, a range of powdered, evaporated and ready to drink milk products,” Famurewa said.

The  Lagos based dairy firm said the acquisition underlines FrieslandCampina WAMCO’s continued commitment to contribute to the development of the Nigerian dairy sector.

Famurewa was optimistic that the acquisition satisfies the need for additional production capacity for FrieslandCampina WAMCO to meet the growing demand for locally produced evaporated and powdered milk in the country.

The President, FrieslandCampina Consumer Dairy, Roel van Neerbos said that 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,” he added.

On the acquisition, Managing Director, FrieslandCampina WAMCO Nigeria, Ben Langat, said it is the company’s mission to bring affordable and attainable quality dairy products to all Nigerians and meet the growing demand.