MORISON INDUSTRIES PLC.

Morison Industries Plc, a prominent Nigerian company in the healthcare sector, traces its origins back to 1947 as a small agency for overseas manufacturers in Nigeria. It was formally incorporated in Nigeria on June 29, 1955, as J. L. Morison, Sons and Jones (Nigeria) Limited, initially operating as a subsidiary of a UK-based health company. The company evolved significantly with Nigeria's indigenization policy, becoming a publicly quoted company on the Nigerian Stock Exchange in 1978. This transition saw 60% of its shares move to the Nigerian public, solidifying its identity as a local manufacturer with a focus on Nigerian needs. The company maintains its head office in Ikeja, Lagos, Nigeria. The core business of Morison Industries Plc revolves around the production and marketing of a diverse portfolio of pharmaceuticals, hygiene products, and medical consumables. Its product offerings span several key categories: Healthcare, Consumer, and Agro-Allied. Within these divisions, the company manufactures and distributes disinfectants and antiseptics such as Zylol, Moricet, Morigad Germicide, and Hospitane, alongside various personal care items like Bymo Multi-Purpose Liquid Detergent and Morison Hand Sanitizer. Morison also provides medical consumables, wound care products, and orthopedic items, including bone cutting machines, bone cements, and total knee and hip replacement kits, and distributes products from other brands like Smiths & Nephew and Braun Medical in Nigeria. The company primarily serves the Nigerian market, catering to individuals, homes, offices, schools, hospitals, farms, and various institutions across the nation, and also engages in contract manufacturing services.