About FMN
FMN is a company based in Lagos (Nigeria) founded in 1960.. FMN has raised $63.12 thousand across 1 funding round. FMN has completed 2 acquisitions, including Honeywell Flour Mills and Thai Farm International. FMN offers products and services including Flour and Grain Processing.
- Headquarter Lagos, Nigeria
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Flour Mills Of Nigeria Plc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$63.12 K (USD)
in 1 rounds
-
Latest Funding Round
$63.12 K (USD), Unspecified
Dec 15, 2020
-
Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
Honeywell Flour Mills
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of FMN
FMN offers a comprehensive portfolio of products and services, including Flour and Grain Processing. 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.
Flour is produced through the milling of grains and is supplied for food preparation and industrial purposes
Grains are processed and distributed to support various applications in the food and agriculture sectors
Unlock access to complete
Unlock access to complete
Funding Insights of FMN
FMN has successfully raised a total of $63.12K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $63.12 thousand completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $63,124
-
First Round
First Round
(15 Dec 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Unspecified - FMN | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by FMN
FMN has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Honeywell Flour Mills and Thai Farm International. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
IT suite services are provided internationally from Lagos, Nigeria.
|
2006 | ||||
|
Flour processing and milling are conducted in Lagos, Nigeria.
|
1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - FMN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fmn Comparisons
Competitors of FMN
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about FMN
When was FMN founded?
FMN was founded in 1960 and raised its 1st funding round 60 years after it was founded.
Where is FMN located?
FMN is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of FMN?
Boye Olusanya is the current CEO of FMN.
Is FMN a funded company?
FMN is a funded company, having raised a total of $63.12K across 1 funding round to date. The company's 1st funding round was a Unspecified of $63.12K, raised on Dec 15, 2020.
What does FMN do?
FMN was established in 1960 in Lagos, Nigeria, within the food and agro-allied sector. Operations focus on the production and distribution of items such as confectionery, flour varieties including goldenvita and masavita, noodles, pasta, prime flour, and sugar. Agricultural offerings encompass fertilizers and feed for poultry and aquatic animals. The company maintains its base in Lagos State, serving regional markets.
What products or services does FMN offer?
FMN offers Flour and Grain Processing.
How many acquisitions has FMN made?
FMN has made 2 acquisitions, including Honeywell Flour Mills, and Thai Farm International.