About Honeywell Flour Mills
Honeywell Flour Mills is a company based in Lagos (Nigeria) founded in 1985 by Ayoola Oba Otudeko was acquired by FMN in November 2021.. Honeywell Flour Mills offers products and services including Flour Products and Agro-Allied Goods. Honeywell Flour Mills operates in a competitive market with competitors including Twinkles Bake Shop and Jojos homemade, among others.
- Headquarter Lagos, Nigeria
- Founders Ayoola Oba Otudeko
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Flour Mills Of Nigeria Plc
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Products & Services of Honeywell Flour Mills
Honeywell Flour Mills offers a comprehensive portfolio of products and services, including Flour Products and Agro-Allied Goods. 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.
Production and distribution of flour for baking and food industries.
Supply of related agro items to support food processing chains.
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Funding Insights of Honeywell Flour Mills
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Honeywell Flour Mills
Honeywell Flour Mills has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include FMN. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Food and agro-allied products are manufactured and marketed by FMN.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Honeywell Flour Mills
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Honeywell Flour Mills
| 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 |
Honeywell Flour Mills Comparisons
Competitors of Honeywell Flour Mills
Honeywell Flour Mills operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Twinkles Bake Shop and Jojos homemade, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Functions as a brand specializing in granola products.
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| domain | founded_year | HQ Location |
Specializes in a brand of homemade granola products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Honeywell Flour Mills
Frequently Asked Questions about Honeywell Flour Mills
When was Honeywell Flour Mills founded?
Honeywell Flour Mills was founded in 1985.
Where is Honeywell Flour Mills located?
Honeywell Flour Mills is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Honeywell Flour Mills do?
Honeywell Flour Mills was established in 1985 in Lagos, Nigeria, within the food processing sector. Operations center on milling wheat and other grains into flour products for industrial and consumer use. Distribution occurs primarily in the local and regional markets. Leadership is held by Managing Director Olanrewaju Jaiyeola, with the company founded by Ayoola Oba Otudeko. Focus remains on efficient production processes.
Who are the top competitors of Honeywell Flour Mills?
Honeywell Flour Mills's top competitors include Twinkles Bake Shop and Jojos homemade.
What products or services does Honeywell Flour Mills offer?
Honeywell Flour Mills offers Flour Products and Agro-Allied Goods.
Who are Honeywell Flour Mills's investors?
Honeywell Flour Mills has 1 investor. Key investors include FMN.