Capitalwatchmedia
With Diageo’s 58.02% shareholding sold to Tolaram, Guinness Nigeria has welcomed new leadership and prepares for expansion under Tolaram’s management.
Directors.
Commenting on the completion of the share transfer transaction and the newly constituted Board, Board Chair, Dr. Omobola Johnson remarked that in this new era, the firm will embrace the tremendous opportunities presented.
venture.
Sharma was also Chief Operating Officer of the Tolaram’s manufacturing company, Dufil, in which capacity he oversaw the growth of Tolaram’s flagship instant noodle brand, Indomie, to a household name and market leader in Nigeria and Ghana.
Also commenting on the new changes in the business, Managing Director, Tolaram Africa, and newly appointed Vice-Chair of the Board of Guinness Nigeria PLC, Mr. Haresh Aswani, expressed his delight at the completion of the share transfer transaction and the optimism that Guinness Nigeria is poised for a new era of growth and expansion that offers stakeholders enhanced value.
He stated: “This is indeed a remarkable milestone in the history of two great businesses in Guinness and Tolaram. We are excited about the possibilities that this partnership will bring for everyone associated with Guinness Nigeria including its shareholders, employees, and trade partners. The experience of Tolaram across the African continent over the last 50 years will inevitably be a positive boost to Guinness Nigeria in the coming years.”
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