Symrise has launched subsidiary in Lagos, Nigeria

Symrise launches subsidiary in Nigeria

9:19 AM, 17th October 2014
Symrise has launched a subsidiary in Lagos, Nigeria

HOLZMINDEN, GERMANY: Symrise has launched a subsidiary in Lagos, Nigeria. With this move, it is strengthening its presence in Africa. The location will include sales and marketing offices as well as application laboratories. Symrise will use the market insights from its presence in the area to serve both local and multinational customers with products specifically tailored for the West African market.

“With about 175 million inhabitants, abundant mineral & national resources, Nigeria has the potential to become one of the top 10 economies in the world. Already today, the country is Africa’s largest economy and one of the fastest growing on the continent and seen as gateway to West Africa,” said Dr Heinz-Jurgen Bertram, CEO, Symrise AG.

“Symrise has also successfully grown its representation in Nigeria for over three decades through our longstanding agent Allied Technol Systems Ltd. Now, we have decided to intensify our presence and commitment and to establish our own legal entity, while continuing to be supported by and collaborate with Allied Technol. Symrise is known as a company with a long-term set of goals. I am sure that today’s opening is just the first step of our involvement here in Lagos,” added Bertram.

Related News - Symrise acquires global fragrance business of Belmay

 

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