Indomie maker buys Dangote noodles firm

Indomie maker buys Dangote noodles firm

Dangote Flour Mills has divested from the noodles business as it sold the Dangote noodle’s asset to Dufil Prima Foods, makers of Indomie noodles, the company announced on Tuesday.

Read also: (photo) Dangote staff protest poor working condition

In a statement released to the effect, the Group Managing Director, Dangote Flour Mills, Thabo Mabo said the noodle business was not strategic to the company’s vision.

He said the divestment was part of strategies of focusing on core areas of flour and pasta production.

The statement read in part, “As part of its regular business portfolio review, Dangote Flour Mills (DFM) has exited its noodles business as it does not consider it strategic. The company has sold the assets of Dangote Noodles to Dufil Prima Foods, makers of Indomie noodles.

“To smoothen the transition, DFM has offered Dufil the use of some of its facilities on an interim basis. The noodles business was part of Dangote Flour Mills which the Dangote Group recently re-acquired from Tiger Brands.”

Email *

Related Articles

Customs impounds Dangote truck loaded with smuggled rice

The Federal Operations Unit (FOU), Zone A, Ikeja of the Nigerian Customs Service (NCS) has impounded a Dangote truck loaded


Zamafara State governor, Abdulazeez Yari, has threatened to sue two media houses over publication that he is having affair with

Lawmaker Gives Land Encroachers One month to Leave

The lawmaker representing Epe constituency 2, Hon. Olusegun Olulade has given illegal occupants of a landed property earmarked for primary


Related Posts

Olubadan's wives say they believe in Satguru Maharaj ji
Wives of the Olubadan of Ibadan, Oba Saliu Adetunji, have publicly expressed their faith in self-acclaimed Perfect Living Master, Satguru Maharaj...
Drunken FRSC men face discipline
The Federal Road Safety Corps say it has recalled its personnel, who are seen sleeping on duty after getting drunk in a picture that has gone vir...
Sanusi admits buying N142m bullet proof cars
The Kano Emirate Council on Monday says Emir Muhammadu Sanusi II inherited about N1.9bn from his predecessor, the late Alhaji Ado Abdullahi Bayer...
powered by RelatedPosts