Sidel Group Targets €2 Billion Revenue in Nigeria, Sees Growth Potential in African Market
Sidel Group, a 175-year-old packaging solutions provider, has opened its Nigerian office in Lagos to enhance revenue growth in West Africa, targeting €2 billion by 2028. Pietro Cassani, President and CEO of Sidel Group, highlighted the potential for growth in Nigeria, especially due to its youthful population and consumption trends.
The company plans to deepen its operations in Africa by offering technical support and expanding its footprint in countries like Kenya and South Africa. Coca-Cola's Clive Smith also emphasized investing in Nigeria's beverage industry for substantial growth opportunities.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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