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UAC of Nigeria Plc

Foodstuff & Beverages

Lagos, Nigeria

UAE of Nigeria Plc (UACN) has, for over a century, remained a foremost private enterprise and leader in the food industry. In addition to the food industry, UAC's operations also span logistics and warehousing, real estate and automobile sectors. UAC has a rich legacy of good performance, with the company posting impressive financial results that have continued to yield dividends for its shareholders.

The Company has re-aligned its food business architecture to unlock the values inherent in the various operations and achieve superior performance. In line with the initiative, the food business is now operated by the following units: UAC franchising, UAC restaurants, UAC dairies and UAC foods. 

UAC FRANCHISING takes charge of Marketing, sub-franchising, brand standards, intellectual property development, brand performance analysis, menu engineering, development projects/training roll out, Central Kitchen Unit recipes, supplier accreditation and approval as these relate to all the Quick Service Restaurant (QSR) brands. 

UAC RESTAURANTS operates all the restaurant brands – Mr Bigg's, Nando's, Chicken Inn, Creamy Inn, Pizza Inn, Dial-A-Delivery and Village Kitchen. The Business Unit also undertakes site profitability, crew motivation, operational strategy, repairs and maintenance of stores and procurement of general items. 

UAC FOODS is responsible for the manufacturing of Snacks and CKU management at multiple locations and supply to the restaurants chain while uac DAIRIES manages the Ice cream business and new initiatives in the dairy-related categories. The strategy for the food business also targets the conversion of existing restaurant locations to "Food Courts" – where a combination of the food brands are served - not only to enhance revenue growth but respond fast enough to the changing landscape, industry, competition and business in the QSR sector. 

The Company's business portfolio includes the following profitable Companies: UACN Property Development Company Plc (UPDC), the first Company in the real sector to be quoted on the stock exchange; Warm Spring Waters Nigeria Limited, producer of "GOSSY" Spring Water. The bottling plant is located in Ikogosi-Ekiti, Ekiti State. 

The Company has majority stakes in Grand Cereals and Oil Mills Limited (GCOML); Spring Waters Nigeria Limited (SWAN) and Opticom Leasing Company Limited. UAC interests also include shareholdings in CAP PLC, UAC Registrars Limited and GM Nigeria Limited as a joint venture with General Motors Corporation of Detroit USA (30% equity), the world's largest automobile manufacturer. Following the new pensions reforms in the country, UAC has registered Unico CPFA Limited, as a subsidiary of the Company. 

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