Flour Mills of Nigeria Overview

  • Year Founded
  • 1960

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 5,404

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Financing Rounds
  • 2

  • Investments
  • 3

Flour Mills of Nigeria General Information

Description

Flour Mills Nigeria PLC is an investment holding company. It is majorly engaged in flour milling; production of pasta, noodles, edible oil, and refined sugar; the production of livestock feeds; farming, and other agro-allied activities. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane, and oil palm and production and sales of fertilizer, edible oils, and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar, and sale of by-products from sugar refining.

Contact Information

Website
www.fmnplc.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 1 Golden Penny Place
  • Wharf Road
  • Apapa, Lagos
  • Nigeria
+234 0705
Primary Industry
Food Products
Parent Company
Excelsior Shipping Company
Vertical(s)
AgTech, TMT
Former Stock Listing
FMNL
Corporate Office
  • 1 Golden Penny Place
  • Wharf Road
  • Apapa, Lagos
  • Nigeria
+234 0705

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Flour Mills of Nigeria Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Flour Mills of Nigeria Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Flour Mills Nigeria PLC is an investment holding company. It is majorly engaged in flour milling; production of pasta, n
Food Products
Apapa, Nigeria
5,404 As of 2024

Eden Prairie, MN
 

Lagos, Nigeria
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Flour Mills of Nigeria Competitors (3)

One of Flour Mills of Nigeria’s 3 competitors is SunOpta, a Private Debt Financed company based in Eden Prairie, MN.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SunOpta Private Debt Financed Eden Prairie, MN
Crown Flour Mill Corporation Lagos, Nigeria
De-united Foods Industries Corporation Ghana
You’re viewing 3 of 3 competitors. Get the full list »

Flour Mills of Nigeria Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

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Size Multiple

Key Data Points

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Flour Mills of Nigeria Investments & Acquisitions (3)

Flour Mills of Nigeria’s most recent deal was a Later Stage VC with Omniretail for . The deal was made on 28-Apr-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Omniretail 28-Apr-2025 Later Stage VC Internet Retail
Honeywell Flour Mills 30-Apr-2022 Merger/Acquisition Food Products
ManBetX 26-Aug-2012 Merger/Acquisition Food Products
To view Flour Mills of Nigeria’s complete investments and acquisitions history, request access »

Flour Mills of Nigeria FAQs

  • When was Flour Mills of Nigeria founded?

    Flour Mills of Nigeria was founded in 1960.

  • Where is Flour Mills of Nigeria headquartered?

    Flour Mills of Nigeria is headquartered in Apapa, Nigeria.

  • What is the size of Flour Mills of Nigeria?

    Flour Mills of Nigeria has 5,404 total employees.

  • What industry is Flour Mills of Nigeria in?

    Flour Mills of Nigeria’s primary industry is Food Products.

  • Is Flour Mills of Nigeria a private or public company?

    Flour Mills of Nigeria is a Private company.

  • What is the current valuation of Flour Mills of Nigeria?

    The current valuation of Flour Mills of Nigeria is .

  • What is Flour Mills of Nigeria’s current revenue?

    The current revenue for Flour Mills of Nigeria is .

  • Who are Flour Mills of Nigeria’s competitors?

    SunOpta, Crown Flour Mill, and De-united Foods Industries are competitors of Flour Mills of Nigeria.

  • When was Flour Mills of Nigeria acquired?

    Flour Mills of Nigeria was acquired on 25-Sep-2024.

  • Who acquired Flour Mills of Nigeria?

    Flour Mills of Nigeria was acquired by Excelsior Shipping Company.

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