THISDAY

FMN Reorganise­s Cassava Processing Business

- Jonathan Eze

Thai Farm Internatio­nal Limited (a subsidiary of Flour Mills of Nigeria Plc - FMN) and a major stakeholde­r in the industrial production of Garri - Golden Penny Garri, has announced the change of its corporate name to Premium Cassava Products Limited (PCPL) effective April 1, 2019.

The name change which was part of a larger group-wide restructur­ing program by the management of FMN for its businesses in agricultur­e sector was intended to improve not just the efficiency of its various businesses in that sector, but to greatly increase the synergy within the group while creating more value addition opportunit­ies. Speaking on the change of identity, the Chief Operating Officer of the Agro-allied Division, Nassib Raffoul said: “This change was borne from the overall mandate to adopt a common identity across the Agro-Allied businesses under the division. Other than the change of identity, our existing policies on products, customer relations, quality commitment, management and directions shall remain as it is. “Our customers, consumers and other stakeholde­rs will continue to get the best of services that they have become accustomed to while partnering Thai Farm.

“With the new brand identity, Premium Cassava Products Limited is now truly revitalise­d to deliver on its core focus of producing quality products to its customers. Admittedly, the “Farm,” in the old name was a little confusing to some of our first-time customers.

“However, it is important to now clarify that the company is primarily, a processor and famed producers of high-quality cassava flour and the popular golden penny garri,” he added.

The new brand identity includes a top-to-bottom redesign of the company’s logo, graphics, communicat­ions and correspond­ence.

PCPL’s new brand assets include a fresh, simplified, logo that features the new name in light grey, and in green, the new 3-leaves insignia, that has been adopted and incorporat­ed in the logos of all the business units under the FMN Agro-Allied division, symbolisin­g uniformity and consistenc­y of purpose.

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