Founded in 1984, Union Dicon Salt plc operates in the Nigerian consumer goods section. Until a few years ago, it was the largest producer of salt in Nigeria. Apart from the production of the finest quality iodised edible salt and the processing of crude salt for wholesale, Union Dicon Salt plc also manufactured industrial salt for detergents, animal feeds, leather tanning, and for oil wells and other drilling-related operations.
In Novermber 2013, CBO Capital Partners acquired 41 million shares of company with an option to purchase another 270 million in future.
|