Transnational Corporation of Nigeria
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| Type | Conglomerate |
|---|---|
| Industry | Energy, Agribusiness, Hospitality |
| Headquarters | Lagos, Nigeria |
| Key people | Tony O. Elumelu Group Chairman Obinna Ufudo, President/CEO |
| Products | Orange Juice Concentrates Hotels, Oil, Energy |
| Website | http://www.transcorpnigeria.com |
Transnational Corporation of Nigeria Plc (Transcorp), is a diversified conglomerate with strategic investments and core interests in the hospitality, agribusiness and energy sectors. Some of its notable assets include Transcorp Hilton Hotel, Abuja; Transcorp Metropolitan Hotel, Calabar; Teragro Limited, operator of Benfruit processing plant and Transcorp Energy Limited operator of OPL281. Transcorp’s business model is built on equity investments in assets with high recovery margins and quick-term-to-profit horizons that allow the Group to exert strategic influence commensurate with its ownership. The Group is renowned for its partnership with globally respected sector operators to manage and develop assets.
Transcorp was incorporated in 2004 and is quoted on the Nigerian Stock Exchange.
[edit] Subsidiary companies
The subsidiary companies of the conglomerate include, but are not limited to the following:
1.Transcorp Hilton Hotel, Abuja, Nigeria
2.Transcorp Metropolitan Hotel, Calabar, Nigeria
3.Teragro Limited (Operators of the Benfruits juice concentrate processing plant)
4.Transcorp Energy Limited (Operators of OPL 281)
[edit] External links
[edit] References
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