CHELLARAMS PLC.

CHELLARAMS PLC, a Nigerian conglomerate, traces its origins to 1923 when it commenced operations as a trading business specializing in textiles. The company officially incorporated as a private limited liability company on August 13, 1947, and later transitioned to a public limited company, securing its listing on the Nigerian Stock Exchange in 1978. Over nearly a century, Chellarams has evolved from its initial focus on imported goods into a diversified entity, establishing a strong presence across various industries within Nigeria. Its operational philosophy centers on delivering high-quality goods and services, aiming for a Chellarams product to be in every Nigerian home. The core business model of Chellarams PLC spans two primary divisions: Industrial Raw Materials and Consumer Products. Through these divisions, the company engages in manufacturing, retail, distribution, and marketing, providing a wide array of products and services. Key offerings include industrial chemicals, ingredients for food manufacturers, frozen foods, bicycles, and electronics, alongside packaging materials. Chellarams also operates in power generation and holds the KFC franchise in Nigeria through a joint venture, Devyani International (Nig) Ltd. The company serves the Nigerian market extensively, leveraging its nationwide trade network and logistics capabilities, which include temperature-controlled warehousing and chemical blending facilities. Notable subsidiaries and joint ventures include Chelltek Industries Ltd (textile manufacturing), Dynamic Industries Ltd (packaging materials), United Technical & Allied Services Ltd (industrial equipment distribution), Isolo Power Gen Ltd (power generation), and Chellarams DMK Limited, a dairy production and distribution venture.