Deal #3100

Nigeria
Created at
2013-02-22
Last update
2024-02-27
Last full update
2024-02-27

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • he Edo State Government’s Government / state institutions (government, ministries, departments, agencies etc.)
Comment on investment chain
Okomu Oil Palm was established in 1976 as a Federal Government pilot project. The Company was privatized in 1979.Soon after privatization, Socfin Group, a holding company listed on the Luxembourg Stock Exchange, bought 64.97%shares, thus making Socfin the majority shareholder. Also known as Société Financière des Caoutchoucs,. In 2021, the company reported a remarkable profit of 80.4 million euros ($86.2 million), its highest profit since at least 2014, driven by rising oil prices. palm and rubber.
Network of parent companies and tertiary investors/lenders
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Legend
  • Is operating company of
  • Is parent company of
  • Is tertiary investor/lender of