2 Ramat Crescent, Ogudu GRA, Lagos.
0901-966-6725

History

Nosak Group > History

TIMELINE

1984

 

Where It All Began

Toni Ogunbor resigns from his job as National Sales Manager of Union Carbide Nigeria Limited in Kano.

1985

 

Nosak Agencies Limited was incorporated, trading as: - Sati Stores: Commodities and retail - Sabo Ice Blocks: Production and sale of ice blocks. - Nosak Agencies Limited: Import and sale of tyres.

1989

 

The businesses relocated to Lagos and Nosak Agencies Limited started importation of potable alcohol.

1991

 

Investment in Agriculture

Saturn Farms Limited is established to explore cash cropping with a focus on palm plantation

1993

 

Bethany Groceries (Now CCD Superstores) opens its doors to provide groceries to customers in Ogudu GRA, Lagos

1995

 

Goods Delivery Services Limited (Now Nosak Haulage Limited) was incorporated with the aim of delivering haulage services.

1997

 

Nosak Group invests majorly in General Telecom Plc formerly known as GEC Nigeria Limited.

2000

 

New Millennium: Ethanol

Alcohol Company Of Nigeria Limited (ALCONI) is incorporated as the pioneer in ethanol manufacturing, which later metamorphosed into Nosak Distilleries Limited. Stephen & Solomon Insurance Brokers Limited (Now ECP Insurance Brokers Limited), the insurance brokerage arm of the group was incorporated

2001

 

Nosak Distilleries Limited ethanol plant 1 is commissioned

2003

 

Grand Petroleum and Chemicals Limited was established to import and trade petroleum products as well as Hi-Speed Range of Lubricants.

2005

 

Nosak Distilleries Limited ethanol plant 2 is commissioned.

2006

 

Export Strategy

Nosak Distilleries Limited begins exportation of refined ethanol to Ghana and Cameroon. Grand Villas was established to provide real estate and estate management services.

2008

 

Established Nosak Healthcare Limited as the pharmaceutical arm of the group as well as Enterprise Asset Leasing.

2010

 

Nosak Distilleries Limited ethanol plant 3 is commissioned

2012

 

Reward for Excellence

Nosak Distilleries receives NIS ISO 9001: 2008 Certification

2013

 

Zex Standard Chemicals Limited was established to import and distribute chemicals particularly ethanol.

2014

 

FMCG Revolution

The Nosak Farm Produce Limited Vegetable oil plant is commissioned in Apapa, Lagos.

2015

 

Azezex Limited was established to provide shipping and clearing services.

2016

 

ECP Commodity Limited is established to trade Nosak Famili brand of cooking oils.

2018

 

Divestment from and Nosak Healthcare Limited. Establishment of Premier Plantations Limited to explore opportunities in the cassava value chain.

2019

 

Divestment from CCD Superstores, General Telecoms, and Grand Petroleum and Chemicals.

2020

 

Refocus and achieve tomorrow, today. Businesses are streamlined into 3 key sectors namely; Oil and Fats, Cassava and Derivatives, and Services, Investment & Asset Management.

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