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RITE FOODS LTD
Rite Foods sues Mamuda Beverages for N1.6 billion over trademark infringement in energy drink battle
Rite Foods Ltd, the manufacturer of Fearless Energy Drinks, has filed a N1.6 billion lawsuit against Mamuda Beverages Nig. Ltd, producer of Pop Power Energy Drinks, citing trademark infringement and unauthorized replication of its product design.
Rite Foods Ltd, a Nigerian consumer-packaged goods company, committed to delighting its consumers with innovative beverages in the non-alcoholic segment and sausage rolls has announced the appointment of new members to the Board of the Company to propel growth.
The carbonated soft drinks (CSD) segment in the country has continued to grow, despite the recent economic contraction which reduced purchasing powers of consumers. The entrance of new products such as La casera drink and Bigi Apple drink into the market has further intensified battle in that segment.