Sundry Foods

Africa

Region

65.6

Committment (MNOK)

Scalable enterprises

Sector

Sundry Foods was founded in 2003 by Mr. Ebele Enunwa as an integrated food services company to develop and operate a chain of premium branded quick service restaurants and bakery, across the major cities in Nigeria. The Company has three main business divisions operating under different brands: Quick Service Restaurants (QSR), Bakery and Catering Services. Sundry Foods is one of the top 7 leading QSR operators in Nigeria and one of the top two fully company-owned (as opposed to franchised) QSR brands.

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Key information

Sector:
Scalable enterprises
Committment (MNOK):
65.6
Year:
2019
Region:
Africa
Country:
Nigeria
Domicile:
Nigeria
Instrument:
Equity
Status:
Active

Indirect investments

Investee Sector Country
Sundry FoodsWholesale and retailNigeria

Additionality for Sundry Foods

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in the most difficult business environments
  • Investing in high risk instruments
  • Taking an active role in investments
  • Improving social and environmental standards
  • Supporting enterprise improvements