PZ Wilmar
Sustainable palm oil production in Nigeria, from plantations to a state-of-the-art refinery producing consumer cooking oil brands.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $70.0m Valuation: $140m | Acquisition | |
| Total Funding | 000k | ||
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PZ Wilmar operates within Nigeria's palm oil sector, focusing on building a sustainable domestic supply chain. The company's business model is vertically integrated, encompassing the entire value chain from its own sustainable palm oil plantations to a modern edible oil refinery and packaging facility located in Lagos State.
Its primary market is Nigeria, where it aims to meet local palm oil requirements in alignment with the country's Agricultural Transformation Agenda. The company generates revenue through the sale of finished consumer goods. It produces and markets high-quality, hygienically produced cooking oils under the consumer-facing brands Mamador and Devon.
By managing the process from cultivation to final product, PZ Wilmar positions itself as a key player in rebuilding the Nigerian palm oil industry through direct investment and partnerships.
Keywords: palm oil, Nigeria, agribusiness, consumer goods, cooking oil, Mamador, Devon, food production, sustainable agriculture, value chain