Olam International Limited (Olam) and Sanyo Foods Co. Limited of Japan (“Sanyo Foods”) today announced that they have agreed to set up a joint venture company (JV) in Nigeria to manufacture and distribute instant noodles in Nigeria and across sub-Saharan Africa. Sanyo Foods will invest US$20 million in cash, for a 25.5% equity interest through issue of new shares by the JV that will house Olam’s instant noodles assets and business in Nigeria. Olam will hold the balance majority ownership of 74.5% in the JV with management control. The consideration has been arrived between both parties on a willing-buyer willing-seller basis. The transaction is subject to customary closing conditions.
Founded in 1953, Sanyo Foods is a global leader and Japan’s third largest player in the instant noodles business. It has established a leadership presence in China, Vietnam, Russia and North America through strategic partnerships. In the past, Sanyo Foods has also acquired equity stakes in Tingyi Holdings in 1999 and King Lion of Russia in 2011 to catalyse the growth of these companies in their respective home markets. Tingyi Holdings is currently the market leader in China with 24 production facilities across the country.
We are recruiting to fill the position below:
Job Title:Â Boiler Operator
Location:Â Apapa, Lagos
Employment Type: Full-time
Responsibilities
- A boiler operator who specializes in the maintenance and repair of boilers, engines and auxiliary equipment.
- They adjust, operate, monitor and repair boilers to ensure the equipment heats water safely.
- Must be proficient in performing preventive maintenance, operating and maintaining cooling towers and chillers, and handling HVAC systems.
- You should also be familiar with water treatment and plumbing systems.
- Must be able to control light or heavy machinery in various fields and use their in-depth knowledge to perform tasks including producing goods or making repairs.
Requirements
- Candidates should possess a Bachelor’s Degree / HND or OND qualification
- Experience must be between 5-10 years
How to Apply
Interested and qualified candidates should send their updated CV to: Joy.idika@olamnet.com using the job title as the subject of the mail.
Or
Submit in person at:
Olam Sanyo Foods Limited
53, Mobil Siding Road,
Apapa,
Lagos State
Application Deadline 31st January, 2025.
