Company Watch: Cadbury Nigeria Plc Invests $130Million In Factory Upgrade

The Managing Director, Cadbury Nigeria Plc, Mr. Emil Moskofian, has said the ongoing upgrade of the company’s facility will gulp $130m. According to him, the company has already spent $100m in the first phase of the facility upgrade, which has been completed; while the second phase, which is currently ongoing, is expected to cost $30m.Moskofian […]

The Managing Director, Cadbury Nigeria Plc, Mr. Emil Moskofian, has said the ongoing upgrade of the company’s facility will gulp $130m.

According to him, the company has already spent $100m in the first phase of the facility upgrade, which has been completed; while the second phase, which is currently ongoing, is expected to cost $30m.

Moskofian said this in Lagos following a facility tour and the unveiling of the new Cadbury Bournvita 500 grams pack.