UAC PLC – NIGERIA (UACN)

UAC of Nigeria PLC – Company Overview

UAC of Nigeria PLC

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About the Company

UAC of Nigeria PLC (UACN) is a leading diversified company operating in the food and beverage, real estate, paint, and logistics sectors of the Nigerian economy. Established in 1931, UACN has evolved into a holding company with a portfolio of businesses that are market leaders in their respective industries. The company’s operations include manufacturing, services, logistics and warehousing, agriculture, and real estate.

Leadership Team

  • Mr. Folasope Aiyesimoju – Group Managing Director/CEO
  • Mrs. Funke Ijaiya-Oladipo – Chief Financial Officer
  • Mr. Adebolanle Badejo – Chief Investment Officer

Corporate Social Responsibility (CSR)

UACN is committed to corporate social responsibility through initiatives that promote community development, environmental sustainability, and economic growth. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.

Company Milestones

  • 1931: Incorporated as Nigerian Motors Ltd.
  • 1943: Renamed United Africa Company Ltd.
  • 1991: Adopted the name UAC of Nigeria PLC.
  • 2010: Entered into a strategic partnership with Tiger Foods in its packaged food and beverages segment.
  • 2020: Sold controlling stake in MDS Logistics to Imperial Logistics.

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