Africa Outlook

AT A GLANCE: COMPANY SERVICES

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Its pride is first in its heritage and long-standing roots in Nigeria and

West Africa. A.G. Leventis started out as a trading company in Ghana establishe­d in 1937 by the Patriarch of the Leventis family, Chief Anastasios G. Leventis. In the following year 1938 the trading operations extended into Nigeria.

The business portfolio has evolved since, and it now currently operate in five core areas, with 1,114 leaders (half are frontline – the Delivery Officers, managing the trucks), and an office is in Lagos with a support network of 18 operationa­l sites.

The core areas:

1. LOGISTICS – providing logistics solutions, mainly in haulage and distributi­on, to companies primarily in the FMCG space.

2. TRUCK ASSEMBLY – truck assembly from semi-knocked down components (SKD) with operating partnershi­ps for the following brands: FOTON, EICHER, and LOVOL. On top of this it carries OEM spares for Volkswagen, and Mercedes Benz trucks. The plant operates out of Ibadan in Oyo State.

3. AUTOMOBILE SALES – heavy and light duty sales with the related after sales support and maintenanc­e. The company operates from 18 maintenanc­e facilities across the country, providing a strong network and reach for its customers, while being a critical enabler for the logistics business.

4. REAL ESTATE – a mixed use (residentia­l and commercial) portfolio with estimated market value of over ₦35 billion ($89 million), and over 60 properties across the country.

5. RETAIL – this is a joint venture with Pick n Pay, South Africa. Pick n Pay is the second largest supermarke­t chain in South Africa and it will be the operators of the joint venture. The venture will operate under the trade name Pikwik Nigeria Ltd.

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