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About the company
Dangote Sugar Refinery Plc is engaged in the refining of raw sugar into edible sugar and the selling of refined sugar. The Company’s products are sold through distributors across the country. It sells unfortified sugar mainly to pharmaceutical, food and beverage manufacturers, while Vitamin A-fortified sugar is sold to distributors who sell to small wholesalers, confectioners and other smaller value-adding enterprises who provide the distribution network for the Nigerian retail market. It sells a small amount of sugar directly to retail customers. Retail packaging comes in various sizes of 250g, 500g, and 1kg under the brand name Dangote Sugar. Dangote Sugar owns and operates sugar refineries in sub-Saharan African located at Apapa Lagos, and three sugar agricultural estates located in Numan Adamawa State, Tunga Nasarawa State and Lau/Tau in Taraba State. Its subsidiaries include Dangote Taraba Sugar Ltd, Dangote Adamawa Sugar Ltd and Nassarawa Sugar Company Limited.
- Revenue in NGN (TTM)441.45bn
- Net income in NGN-73.74bn
- Incorporated2005
- Employees2.96k
- LocationDangote Sugar Refinery PLCGDNL Administrative Building,Terminal E,Shed 20 NPA Apapa Wharf ComplexAPAPA NigeriaNGA
- Phone+234 14545329
- Websitehttps://dangotesugar.azurewebsites.net/
Mergers & acquisitions
Acquired company | DANGSUGAR:LAG since announced | Transaction value |
---|---|---|
Nascon Allied Plc | 72.74% | -- |
Holder | Shares | % Held |
---|---|---|
Trustus Capital Management BVas of 30 Jun 2023 | 40.63m | 0.34% |
Robeco Institutional Asset Management BVas of 29 Mar 2024 | 9.80m | 0.08% |
BPI Gest�o de Activos SGOIC SAas of 31 Dec 2023 | 8.11m | 0.07% |
Parametric Portfolio Associates LLCas of 29 Feb 2024 | 4.39m | 0.04% |