PZ CUSSONS NIGERIA PLC.

PZ Cussons Nigeria Plc traces its origins to the Sierra Leone-based commodity and textile trading partnership established by George Paterson and George Zochonis in 1879, which was later incorporated in Great Britain in February 1884 as Paterson Zochonis. The company expanded its trading operations into Nigeria by 1899, developing a robust merchandising network within the country. In the 1950s, the firm began local soap production in Aba, Nigeria, under a subsidiary initially known as Alagbon Industries, which later evolved into Paterson Zochonis Industries Limited. In 1957, assets unrelated to the soap business were transferred to a newly formed entity, Patterson Zochonis Nigeria Limited. The company further embedded itself in the Nigerian economy by becoming publicly listed on the Nigerian Stock Exchange in 1972, with subsequent share offerings to the Nigerian public. Today, PZ Cussons Nigeria Plc stands as a prominent Nigerian manufacturer and distributor of diverse consumer products, operating across personal care, home care, food, and electricals sectors. Its extensive product portfolio includes well-known brands such as Imperial Leather, Carex, Cussons Baby, Joy, Morning Fresh, Premier soap, and Haier Thermocool for home appliances. The company manufactures various items including detergents, toiletries, soaps, powdered milk, olive oil, and healthcare products, and also manages Coolworld electrical stores. Nigeria represents PZ Cussons' largest and most diverse single market, where it maintains a broad distribution network. The company also engages in a joint venture with Wilmar International, focused on the production and trading of vegetable oil and palm oil.