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Promasidor
AddedFeb 17, 2024
UpdatedJun 28, 2026
Promasidor

Promasidor

Late Stage Private

Promasidor: A leading food & beverage manufacturer, supplying diverse products in 36 African countries since 1979.

HQ
Lagos, NG
Founded
1981
Overview
Compare
Fundraising
Employees
Website

Promasidor, founded in 1979 by Robert Rose, is a prominent food and beverage manufacturer operating in 36 African countries. The company's core mission is to provide high-quality, nutritious food products that bring joy and nourishment to millions of consumers across the continent. Promasidor's product range includes powdered beverages, flavor seasonings, powdered milk, cereals, and other processed foods. The company primarily focuses on markets in Nigeria, the Democratic Republic of the Congo, Ghana, Algeria, and Angola.

Notable figures associated with Promasidor include its founder, Robert Rose, who played a significant role in expanding the company's footprint across Africa. Promasidor has achieved substantial market penetration and brand recognition in multiple countries, contributing significantly to local economies and food security. The company's impact is evident in its ability to consistently deliver quality products that meet the diverse dietary needs of African families.

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Promasidor - Quick Facts

Who are Promasidor's competitors?

Companies similar to Promasidor include Prommus Brands, Forafric Global, Uni-President Enterprises and Vertex Promotional.

When was Promasidor founded?

Promasidor was founded in 1981.

Where is Promasidor's headquarters located?

Promasidor's headquarters is located in Lagos, NG.

When was Promasidor's last funding round?

Promasidor's most recent funding round was for $532M (USD) in November 2016.

How much has Promasidor raised to-date?

As of Nov 8, 2016, Promasidor has raised a total of $532M (USD).

How many employees does Promasidor have?

Promasidor has 2,060 employees as of Feb 10, 2024.

Promasidor - Classification

Geographic Exposure
  • Africa
Model
  • Manufacturing
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Beverages
  • Food
Tags
  • Consumer Goods
  • Distribution
NAICS
  • 310000Manufacturing
  • 311000Food Manufacturing
SIC
  • 2000Food And Kindred Products
Show 6 more industry codes
NAICS
  • 312100Beverage Manufacturing
  • 312110Soft Drink and Ice Manufacturing
  • 312111Soft Drink Manufacturing
  • 312000Beverage and Tobacco Product Manufacturing
SIC
  • 2080Beverages
  • 2086Bottled And Canned Soft Drinks And Carbonated Waters