When was Fanmilk Nig founded?

Fanmilk Nig was founded in 1963.

Where is Fanmilk Nig located?

Fanmilk Nig is headquartered in Ibadan, Nigeria.

How many employees does Fanmilk Nig have?

As of Jul 01, 2024, the latest employee count at Fanmilk Nig is 229.

Is Fanmilk Nig a funded company?

Fanmilk Nig is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Fanmilk Nig rank among its competitors?

Fanmilk Nig ranks 15th amongst 35 active competitors, of which 2 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Pioneer Foods, which secured $723M in Oct, 2018.

Who are the top competitors of Fanmilk Nig?

Fanmilk Nig's top competitors include Promasidor, RJ Corp and Parle Products. Among them, Pioneer Foods secured the most recent funding round in October, 2018.

Fanmilk Nig - 2026 Company Profile & Competitors

Fanmilk Nig is a public company based in Ibadan (Nigeria), founded in 1963. It operates as a Manufacturer of frozen flavored milk, frozen yoghurt, ice cream, and juice. The company has 35 active competitors, including 2 funded and 8 that have exited. Its top competitors include companies like Promasidor, RJ Corp and Parle Products.

Company Details

Manufacturer of frozen flavored milk, frozen yoghurt, ice cream, and juice. The company produces and markets these items through a vendor distribution model. It offers a portfolio of brands including flavored milk, yoghurt, fruit drinks and ice cream products.

Key Metrics

Founded Year

1963

Location

Ibadan, Nigeria

Stage

Public

Ranked

15^th among 35 active competitors

Employee Count

229 as on Jul 01, 2024

Similar Companies

ADM & 4218 more

Exit Details

Public

View Fanmilk Nig's full profile

Fanmilk Nig is a funded company.

Fanmilk Nig's employee count trend

Fanmilk Nig has 229 employees as of Jul 24. Here is Fanmilk Nig's employee count trend over the years:

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Top competitors of Fanmilk Nig include Promasidor, RJ Corp and Parle Products. Here is the list of Top 10 competitors of Fanmilk Nig, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Promasidor 1979, Sandton (South Africa), Series C	Multi-category food & beverage company	$532M	Ajinomoto, IFC & 2 others	66/100
2nd	RJ Corp 1980, Gurugram (India), Series B	Brand of food & beverage products	$41.1M	ICICI Venture & 17 others	64/100
3rd	Parle Products 1929, Mumbai (India), Funding Raised	Manufacturer of food & beverages products	-	Pentagon Charitable Foundation, Mohanlal Dayal Charitable Foundation ... & 1 others	59/100
4th	Hain Celestial 1932, New York City (United States), Public	Multi-category food and beverage company	-	Bank of America, Triodos Investment Management ... & 4 others	52/100
5th	Premier Foods 1837, St Albans (United Kingdom), Public	Brand of processed food	-	Metropoulos	51/100
6th	UAC FOODS 1952, Lagos (Nigeria), Acquired	Multi-category food & beverage company	-	Tiger Brands	40/100
7th	CHI 1980, Lagos (Nigeria), Acquired	Brand of juice, yoghurt, milk and beef sausage rolls	-	The Coca-Cola	40/100
8th	Rite Foods 2007, Ikeja (Nigeria), Unfunded	Multi category food and beverage company	-	-	39/100
9th	BUAFoods 2005, Lagos (Nigeria), Unfunded	Brand of sugar, pasta, edible oil, rice & flour	-	-	37/100
10th	Pioneer Foods 1997, Cape Town (South Africa), Acquired	Multicategory food and beverage company	-	Identity Partners, Sekunjalo & 2 others	35/100
15th	Fanmilk Nig 1963, Ibadan (Nigeria), Public	Manufacturer of frozen flavored milk, frozen yoghurt, ice cream, and juice	-	-	26/100