Vitafoam em­barks on ex­pan­sion drive

Daily Trust - - BUSINESS - Kay­ode Ogun­wale, Lagos

Vitafoam Plc has em­barked on a project that will boost its share­hold­ers value and in­crease the com­pany’s bot­tom line.

The com­pany over the week­end com­mis­sioned its sub­sidiary Vi­ta­pur’s newly ac­quired multi-mil­lion naira equip­ment which is ex­pected to in­crease its pro­duc­tion ca­pac­ity, en­hance prod­uct qual­ity, open a new vista of an ar­ray of in­no­va­tive prod­ucts in line with the global best prac­tices and boost its prof­itabil­ity.

Speak­ing at the com­mis­sion­ing, Vitafoam Nige­ria Plc’s Chair­man, Dr. Dele Makan­juola ex­pressed op­ti­mism that the new equip­ment will take Vi­ta­pur to the global mar­ket. Makan­juola com­mended the staff for be­ing in­no­va­tive and stressed the im­por­tance of com­mu­ni­ca­tion in ev­ery or­ga­ni­za­tion.

Mean­while, ar­range­ment has been con­cluded to com­mis­sion two new fab­ri­cated build­ings erected by Vi­ta­pur at Gov­ern­ment Col­lege, Ibadan.

Also speak­ing at the cer­e­mony, Su­per­vis­ing Di­rec­tor ,Vi­ta­pur Nige­ria Lim­ited, Al­haji Ab­ba­gana Abatcha de­scribed the equip­ment as one of the best things that have hap­pened to Vi­ta­pur Nige­ria Lim­ited in re­cent time.

He ex­plained that the com­pany operates with a net­work of pro­fes­sion­als who con­sis­tently put qual­ity prod­ucts and com­pet­i­tive prices on the pri­or­ity list.

Ac­cord­ing to him, the new Euro­pean man­u­fac­tured panel could be used for pre­fab­ri­cated struc­ture such as cold room, equip­ment shel­ter, wall cladding, quick shel­ter de­ploy­ment, of­fice par­ti­tion­ing, shop­ping malls, drop temp ceil­ing etc.

He noted that in line with its cus­tomer-fo­cused ap­proach, the com­pany of­fers free pro­fes­sional ad­vice to its clients.

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