Mondelez invests $50 million in Nigeria's Cadbury production facility

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Daniel Myers celebrates Mondelez's new Bounvita plant opening in Lagos Nigeria with local leaders and government officials.
Daniel Myers celebrates Mondelez’s new Bounvita plant opening in Lagos Nigeria with local leaders and government officials.

LAGOS, NIGERIA — Mondelez International said it has invested more than $50 million in a production facility in Nigeria to meet surging demand for Cadbury Bournvita, a cocoa drink that is popular in the country.

“Our new Lagos plant is the latest example of our global effort to build a world-class supply chain,” said Daniel Myers, executive vice-president, integrated supply chain. “This investment in Nigeria boosts our production capacity for Cadbury Bournvita by more than 30% for 180 million Nigerian consumers. It also complements our recent investments in Egypt and South Africa where we’ve increased chocolate production capacity and created one of our region’s biggest supply hubs for gum, moving our chocolate and gum power brands to advantaged assets.”

Mondelez said the new Lagos plant is fully automated and replaces an older facility that could not support necessary expansion plans, including the installation of new equipment. In addition to increased capacity, the plant is expected to enhance the quality of the company’s products and improve competitiveness in the Nigerian marketplace by reducing operating costs.

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