Suntory Beverage and Food Nigeria Limited (SBFN) has appointed Anjan Patole as its new Managing Director. His appointment became effective on 15th December, 2018, as he took over from Gauthier Leveque.
Prior to joining SBFN, Anjan was the chief executive officer at Sameer Agriculture and Livestock Limited, Nairobi, manufacturers of FMCG brands in dairy products, ice-cream and water since 2014, where he oversaw seven East African countries.
In line with its commitment to reward and appreciate loyal consumers, Suntory Beverage and Food Nigeria Limited (SBFN), makers of Lucozade, has set aside ₦200million worth of Instant Airtime to reward consumers in the 3rd edition of its “Lucozade Under-the-Cap Airtime National Promotion”.
At the media launch of the promotion in Lagos, the Managing Director, SBFN, Mr. Chinedum Okereke, announced the kick-off of the 2018 Lucozade Airtime promotion during his opening address. “We are proud to announce the return of the successful Lucozade Airtime Promotion for the third time since its launch in 2016. The promotion is an avenue for us to attain nationwide reach as far as rewarding our consumers is concerned, and the modality of the promotion gives us a great opportunity to target millions of consumers.”
The Ebonyi State Government has become the first State in Nigeria to restrict the consumption of Coca-Cola products in the state.
Concerned with the recent ruling by a Lagos State High Court against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Nigerian Bottling Company (NBC) on the alleged health effects of consuming Fanta and Sprite, Ebonyi State Governor, David Umahi on Tuesday issued an order, banning the serving and consumption of Coke, Sprite and Fanta at government functions in the state.
Suntory Beverage & Food Nigeria Limited, makers of Lucozade has guaranteed its customers that Lucozade does not contain benzoic acid as stated in a recent laboratory report by the Consumer Protection Council (CPC). The company went on to say that its products are safe and healthy for human consumption.
The beverage giant, which took control of Lucozade and Ribena brands from GlaxoSmithKline Consumer Nigeria Plc (“GSK Nigeria Plc”) last year said it became necessary to clarify the contents of its drink after media reports claimed that laboratory analysis conducted by the CPC showed high levels of benzoic acid in Lucozade, above the Nigerian Industrial Standard (NIS) which is 250mg per kg.
The Consumer Protection Council (CPC) on Tuesday released its results of findings on the level of benzoic acid and sunset yellow found in Fanta and Sprite as well as other soft drink brands bottled in the country.
The Council said it was compelled to launch an investigation following the public outcry after a Lagos High Court ruled in the case of Fijabi Adebo and his firm Fijabi Adebo Holdings Limited against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Nigerian Bottling Company (NBC).
Lucozade and Ribena, two famous brands of Japanese Food and Beverage Company, Suntory said it will cut 50% of the sugar content in its drinks in the UK and Ireland by next summer. The announcement comes ahead of a proposed sugar tax on sweetened beverages set to go into effect in both countries in 2018.
The company said it would reformulate all its drinks to contain less than 4.5g of total sugar per 100ml – the equivalent of one teaspoon. Currently, the drinks contain 13g and 10g of sugar per 100ml serving respectively.
Suntory Holdings, the group company that owns Suntory Food and Beverage Limited, said that group revenue fell 0.23% to ¥1.97 trillion yen (approx. $18.7bn) in the first nine months of 2016. However, operating income rose 14.1% to ¥149bn yen ($1.4bn).
Suntory Food and Beverage segment boosted sales 4.4% to ¥1.06 trillion yen ($10bn) in the nine months to September, helped by a strengthening of its brands, creation of new demand for its products, bolstering profitability by reforming its cost structure and improving product quality based on insights from other group companies.
Suntory Beverage & Food Nigeria Limited announced on Tuesday its plans to expand its presence in the Nigerian food and beverage market as the new owners of the beverage brands, Lucozade and Ribena.
The announcement came after the completion of the sale of the drinks, bottling and distribution business by GSK Consumer Nigeria Plc to Japanese global beverage company, Suntory Beverage & Food.
GlaxoSmithKline Consumer Nigeria Plc (“GSK Consumer Nigeria”) on Friday reported a net loss of N3.7bn for the first-half of 2016, down from N297m in the same period last year.
The company which recently sold its drinks business (Ribena and Lucozade brands) to Suntory Beverage & Foods Nigeria Limited so it can focus on healthcare and pharmaceuticals said that revenue for the period fell 9.6% to N13bn, down from N15bn last year.
GSK Consumer Nigeria Plc, maker of Ribena and Lucozade brands has confirmed that it has received a non-binding offer from Suntory Beverage & Food Limited (SBF) for their beverage business consisting of the bottling and distribution of Ribena, Lucozade and part of their Agbara manufacturing plant.
