About 11PLC
11PLC is a company based in Lagos (Nigeria). It operates as a Reseller / Distribution, and Direct-to-Consumer (D2C). 11PLC has completed 2 acquisitions, including Capital Hotels and Lagos Continental. 11PLC offers products and services including Mobil Lubricants, Fuel Products, and Liquefied Petroleum Gas (LPG).
- Headquarter Lagos, Nigeria
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Investments & Acquisitions
Capital Hotels
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Products & Services of 11PLC
11PLC offers a comprehensive portfolio of products and services, including Mobil Lubricants, Fuel Products, and Liquefied Petroleum Gas (LPG). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobil Lubricants are distributed for engine protection needs.
Fuel products are offered for various vehicle types.
LPG is provided for clean energy usage nationwide.
Funding Insights of 11PLC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by 11PLC
11PLC has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Capital Hotels and Lagos Continental. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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2016 | ||||
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2016 | ||||
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Standalone hotel operations are conducted in Lagos, Nigeria.
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2013 | ||||
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Hotel accommodations and related services are provided in Nigeria.
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1981 |
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|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - 11PLC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
11Plc Comparisons
Competitors of 11PLC
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 11PLC
Where is 11PLC located?
11PLC is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does 11PLC do?
11PLC, formerly known as Mobil Oil Nigeria, is involved in the distribution and marketing of Mobil branded lubricants and various fuel products across Nigeria. The company operates in the downstream sector of the oil and gas industry, focusing on high ethical standards, safety, health, and environmental compliance. Solutions are provided for both retail and commercial customers through over 250 service stations nationwide, offering premium fuels, lubricants, and related services. Additionally, clean energy options like Liquefied Petroleum Gas (LPG) are promoted through strategic partnerships.
What products or services does 11PLC offer?
11PLC offers Mobil Lubricants, Fuel Products, and Liquefied Petroleum Gas (LPG).
How many acquisitions has 11PLC made?
11PLC has made 2 acquisitions, including Capital Hotels, and Lagos Continental.