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GB Foods Opens N5.5bn Factory to Boost Local Production

POSTED: 10th Aug

GB Foods, manufacturer of the popular Gino tomato paste brand, has inaugurated its new N5.5 billion ($14.5m) factory in Ogun State. The new factory will be used to make its mayonnaise brand, Bama, for the Nigerian and West African market.

The opening of the new factory accompanied a redesign of the Bama brand. New packaging includes a quality stamp designed to tell consumers about the brand’s quality credentials.

In June GB Foods opened its N20 billionn ($52m) tomato processing factory in Kebbi state, in northern Nigeria. The new factory has been built in partnership with the Central Bank of Nigeria and the state government and is the second largest tomato processing plant in Nigeria. It is a major show of faith in the Nigerian market by the Spanish manufacturer, which is headquartered in Barcelona.

Read the full details from This Day Newspapers here.

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