Olam International Limited (“Olam”) and Sanyo Foods Co. Ltd of Japan (“Sanyo Foods”) today announced that they have agreed to set up a joint venture company (“JV”) in Nigeria to manufacture and distribute instant noodles in Nigeria and across sub-Saharan Africa.
Sanyo Foods will invest US$20 million in cash, for a 25.5% equity interest through issue of new shares by the JV that will house Olam’s instant noodles assets and business in Nigeria. Olam will hold the balance majority ownership of 74.5% in the JV with management control. The consideration has been arrived between both parties on a willing-buyer willing-seller basis. The transaction is subject to customary closing conditions.
Founded in 1953, Sanyo Foods is a global leader and Japan’s third largest player in the instant noodles business. It has established a leadership presence in China, Vietnam, Russia and North America through strategic partnerships. In the past, Sanyo Foods has also acquired equity stakes in Tingyi Holdings in 1999 and King Lion of Russia in 2011 to catalyse the growth of these companies in their respective home markets. Tingyi Holdings is currently the market leader in China with 24 production facilities across the country.
We are recruiting to fill the position below:
Job Title: Warehouse Assistant
Location: Apapa, Lagos
Employment Type: Full-time
Responsibilities
Requirements
How to Apply
Interested and qualified candidates should send their updated CV to: [email protected] using "Warehouse Assistant" as the subject of the mail.
Note: Applications that do not meet the advertised criteria will be discarded
Application Deadline 18th August, 2021.
Machine Operator at Global Alliance for Chemical Industries (GACI)
Technical Operator at FrieslandCampina WAMCO Nigeria Plc
Planning Manager at Perfetti Van Melle Nigeria Limited
Production Executive at Perfetti Van Melle Nigeria Limited
Material Handler at Perfetti Van Melle Nigeria Limited
Plant Operator at PZ Cussons Nigeria Plc
Planning and Performance Manager (PPM) at International Breweries Plc
Job Opportunities at Eleganza Industries Limited
Factory Technical Operator at PZ Wilmar - PZ Cussons Nigeria
Chief Finance / Risk Officer at Crownrise Finance Plc
Grant Assistant Coordinator at Centre for Population Health Initiatives (CPHI)
IT Quality Assurance Analyst at AXA Mansard
Account and Admin Assistant at Crownrise Finance Plc
Digital Marketing Specialist at Promasidor Nigeria
IT Officer at West Africa Network for Peacebuilding (WANEP)
Foreign Service National Investigator at U.S. Embassy
Administrative Assistant / Front Desk Officer at West Africa Network for Peacebuilding (WANEP)