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Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm - Business (4) - Nairaland

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Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by MEEVEET: 12:02pm On Dec 01, 2023
YoshihideSuga:


You have to invest in personal research strategies. What this tell me is that you didn't conduct your research within Nigeria or Africa before going to China. Remember you said you didn't know it existed. It's different from if you knew its existence, but found it expensive.
They have little or no online presence not my fault
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by bukatyne(f): 12:09pm On Dec 01, 2023
CoronaVirusPro:


Both race never had same playing field!

The Whites were already miles ahead before the first black man started!

He is just another Elon Musk, the lineage laid the foundation and the money was there! Blacks were still been deprived of basics when the whites started building empires.


And who deprived the blacks mbok?
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by bukatyne(f): 12:12pm On Dec 01, 2023
Ajsmart:
100% TRUTH!!!!! There never was an equal playing field!!


Who made the playing field unequal?
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by Panda7(m): 12:17pm On Dec 01, 2023
Inoh.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by Nobody: 12:27pm On Dec 01, 2023
BlackhatMentor:
I swear apart from Mandela and King Shaka

It seems no other negro have sense in that place.


If not for white people there South Africa would be worst than Mali or Chad
Who be the one person wey come get sense for your country.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by XAUBulls: 12:29pm On Dec 01, 2023
Islie:


https://punchng.com/south-african-billionaire-family-buys-nigerias-top-can-maker-firm/?amp
That's a strategic international business move from a scion of the Oppenheimer family of SA.

On a very serious note, it is highly asinine of some young posters here on this NL thread to be insulting Black SA folks. It is not true that there are no Black South Africa millionaires as well. Yes, there are some of them who troll online and other folks among them do NOT like the relentless immigration into SA, but South Africans generally are jovial and have good things to say about other Africans as long as there is NO condescending attitude towards them like you see here. Period.

2 Likes 1 Share

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by AfriqueDuZuid: 12:39pm On Dec 01, 2023
N3TRAL:
The headline should read "White South African", "Boer" or "Dutch".

Black South Africans are too broke to afford a Nigerian company. The only way they hope to takeover Nigerian companies in their country is through violent xenophobia.

Shame on them.

https://youtube.com/shorts/Ix63JsEMpOU?si=51OeZN1lUc1MJzUm


Watch this
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by YoshihideSuga: 12:40pm On Dec 01, 2023
MEEVEET:

They have little or no online presence not my fault

Fair argument, but still your fault in not finding out if there could be manufacturers within Nigeria. Since you're in manufacturing, you ask fellow manufacturers who will ask other manufacturers, out of which one or two will know someone or people who know GZI.

Google search for "Can manufacturers in Nigeria": https://www.google.com/search?q=can+manufacturers+in+nigeria&oq=can+manufacturers+in+ni&gs_lcrp=EgZjaHJvbWUqBwgBEAAYgAQyBggAEEUYOTIHCAEQABiABDIICAIQABgWGB4yCAgDEAAYFhgeMggIBBAAGBYYHjIKCAUQABgPGBYYHjIICAYQABgWGB7SAQkxMTMwMGowajeoAgCwAgA&client=ms-android-samsung-gj-rev1&sourceid=chrome-mobile&ie=UTF-8

Please conduct better searches next time.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by AfriqueDuZuid: 12:41pm On Dec 01, 2023
Trimjos:


You just took these words outta my mouth.

I doubt if there's even a black south African that is a millionaire in USD; I really doubt

Thera 20 000 of black dollar millionaires and 18 000 white dolla millionaires

Guess what Nigeria only got 9000 dollar millionaires
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by Winnin009: 12:41pm On Dec 01, 2023
Lol. See what I was telling one black South African the other day! 😂😂😂😂

Na only white South Africans dey make positive news. 😂😂😂
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by YoshihideSuga: 12:43pm On Dec 01, 2023
bukatyne:


And who deprived the blacks mbok?

Whites. Apartheid deprived blacks of the rights to property in their own lands. It's deplorable thing to do. Unlike African Americans, this happened on their soil. So it was terrible.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by lascos912(m): 12:49pm On Dec 01, 2023
mu2sa2:
"Choked" ke!
I mean shocked
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by mofedamijo(m): 1:06pm On Dec 01, 2023
FireUpNow:


You are telling me that average black South African is loving better than average Nigerian?

Far better, sentiments aside. An average Nigerian battles with more challenges than they do. This includes water, electricity, bad roads, bad schools, lack of basic amenities, lack of opportunities, high food prices, the lists is long.

Give an average hard working black South African a visiting to the U.S, Canada or U.K, he is highly likely to return back to South Africa after a week or two. Give an average Nigerian the same opportunity, and he is not coming back any moment soon.

3 Likes

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by adecz: 1:13pm On Dec 01, 2023
bigbauer:



power supply is relatively stable there, besides, they use gas powered generators. almost all thw firms there use gas powered generators.

I've been wondering if Gsk sold their property there, that's some prime located real estate.


👉I hope you are aware of the current
price of gas.

Any source of electricity which is not
from the public mains is too expensive
for manufacturing or even domestic use.

👉 Even for your own private use, converting
your petrol or diesel generator to gas is
relatively cheaper, but not cheaper than using
NEPA.

Unless you are an elected political office
holder, nobody can afford to run a generator
for 24 hours continuously, but you don't
ration NEPA supply.

1 Like

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by izibili44: 1:34pm On Dec 01, 2023
Can you imagine this is a white South Africa.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by ThierryJay: 1:43pm On Dec 01, 2023
bigbauer:


there are two can makers in Agbara (Industrial estate). Gzi and Alucan. I don't know their production capacities, but Alucan is (physically) bigger than GZi. Alucan is on the express, while Gzi is in Ikperin (hoping I got the spelling right).

GZI is significantly bigger in capacity than the other one you mentioned. GZI produces almost all the cans for the canned drinks produced by NBC Coca Cola, 7up bottling company (Pepsi), Guinness & Nigerian breweries ( malt and canned beers). You are looking at billions of cans every year.

Ayodeji Adelakun the CEO really did well within such a short span. And for him and the board to sell, It would have taken at least 700 million dollars.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by TheSuperX(m): 1:43pm On Dec 01, 2023
This are Black south Africans slave masters.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by iamclime(m): 1:50pm On Dec 01, 2023
GZI, Agbara, Ogun State. I hope this improves their products, processes, policies, and products.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by GoodRocks: 1:53pm On Dec 01, 2023
SuccessfulRichi:
He's not black or south African . He knows his origin or ancestry. He's a white man. Nothing like black or white south African. Africa is black continent

West Africans you mean? Because I don't think north Africa are part of your black continent. Those ones are all whites
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by EconFinance: 1:57pm On Dec 01, 2023
YoshihideSuga:


But there are African Americans, black British, black Germans, black Irish etc.

No mind am
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by MzansiCoolio: 1:59pm On Dec 01, 2023
Check as white worshippers are glad an apartheid sponsor family has bought out a Nigerian business 🇳🇬👎🏾💩

Black South Africans went through apartheid but its Nigerians that are suffering the after-effects of white S licking 🤣🤣🤣🤣

For a while they even forgot they have no meaningful infrastructure to speak of after 60 years of independence and massive oil reserves 🇳🇬👎🏾

3 Likes

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by Killermamba: 2:06pm On Dec 01, 2023
Islie:


https://punchng.com/south-african-billionaire-family-buys-nigerias-top-can-maker-firm/?amp
Wow GZI good one i actually know when they started building this company way back in 2009/2010

1 Like

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by Umueme: 2:27pm On Dec 01, 2023
MEEVEET:

Never knew about this and was about to source cans from China

This is wonderful ... I have to redraw my new production strategies hope it's not more than 30% more expensive than imported ones

They have their plant In Aba and I think in Ogun also
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by kdfinest(m): 2:33pm On Dec 01, 2023
Trimjos:


You just took these words outta my mouth.

I doubt if there's even a black south African that is a millionaire in USD; I really doubt
Yes there is, the owner of former vmobile by name strive somebody like that, very humble man...
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by bigbauer(m): 2:34pm On Dec 01, 2023
ThierryJay:


GZI is significantly bigger in capacity than the other one you mentioned. GZI produces almost all the cans for the canned drinks produced by NBC Coca Cola, 7up bottling company (Pepsi), Guinness & Nigerian breweries ( malt and canned beers). You are looking at billions of cans every year.

Ayodeji Adelakun the CEO really did well within such a short span. And for him and the board to sell, It would have taken at least 700 million dollars.

Like I said I don't know their production capacities. Gzi started before Alucan so it's not a surprise that they have a larger (local) market share. Alucan exports most of its cans.
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by bigbauer(m): 2:36pm On Dec 01, 2023
adecz:



👉I hope you are aware of the current
price of gas.

Any source of electricity which is not
from the public mains is too expensive
for manufacturing or even domestic use.

👉 Even for your own private use, converting
your petrol or diesel generator to gas is
relatively cheaper, but not cheaper than using
NEPA.

Unless you are an elected political office
holder, nobody can afford to run a generator
for 24 hours continuously, but you don't
ration NEPA supply.


Yeah the price of Gas has increased, but so has the power bill. I hope you know that power subsidy doesn't cover industrial use?
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by Bluntemperor: 2:56pm On Dec 01, 2023
mofedamijo:


Far better, sentiments aside. An average Nigerian battles with more challenges than they do. This includes water, electricity, bad roads, bad schools, lack of basic amenities, lack of opportunities, high food prices, the lists is long.
Give an average hard working black South African a visiting to the U.S, Canada or U.K, he is highly likely to return back to South Africa after a week or two. Give an average Nigerian the same opportunity, and he is not coming back any moment soon.

True talk!
Because, average Nigerians don't trust the System of Corruption and fix it by Politicians!
•Average Chinese, American,British- will likely be so Patrotic than Nigerians, because of quotas System, tribalism, ethnic and religious Cards being played!
• It's time we allowed Patrotic Folks a free- hands to run Nigeria Successfully,afterall,there are still many Results Oriented Nigerian - both in Nigeria and All over the World!

1 Like

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by anyilalaz: 3:18pm On Dec 01, 2023
forgiveness:
GZ in Aba is owned by a Nigeria from SW

Don't expose your ignorance on a public forum, sorry to say.

GZI Aba is not owned by any Nigerian from SW.
Initially the first plant at Agbara, Ogun State was owned by an Israeli.
Due to the success of the company and the need to reach to other market interests from the East a proposed land was acquired in Emene, Enugu to build the second plant. Litigation and challenges over the land made them acquired the Aba land for GZI Aba.

The Israeli sold some of the shares to some Nigerian investors(Igbo and Yoruba).

Before the South Africa plant there was a Kenyan plant. Though operation did not start until most of the equipments were shipped to SA. SA plant is not as successful as the Nigerian plant. Reason why some of the assets were moved back to Agbara and Aba plant.
Generally Gzi is a great place to work and the prospects of beverages CAN keeps on increasing as the world look forward to environmental friendly package on like PEPT that add up to the greenhouse warming
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by anyilalaz: 3:22pm On Dec 01, 2023
RepoMan007:
3 billion cans every year and 1.8 billion of those in Nigeria. That's some eye opening stats.

Indeed that a world class performance that can rival Ball packaging , Crown Pack, Ardagh Metal Packaging , etc
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by anyilalaz: 3:25pm On Dec 01, 2023
fuck419:
Our useless politicians with all the monies they steal on daily basis, they can't invest in our country, it's foreign countries that are investing. After now, some idiots would remember later that it's their land.

Invest in your country, no. Na only to build hotels everywhere they're good at. Nonsense.

The Israeli that founded the company saw the opportunity when he was traveling out of the airport. He saw that all the beverage companies in Nigeria were all importing these Cans. The rest they said today is history
Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by anyilalaz: 3:30pm On Dec 01, 2023
legitnow1:
NA ONLY CAN MAKER HIM BUY?


ANAMBRA ALREADY HAVE INDIGENOUS CAN MAKERS.
There are only two 2-piece Aluminum beverage CAN company in Nigeria: GZI and Nampak.
Stop peddling what you don't know.

1 Like

Re: Oppenheimer Family Buys GZ, Nigeria’s Top Can-Maker Firm by anyilalaz: 3:37pm On Dec 01, 2023
bigbauer:


there are two can makers in Agbara (Industrial estate). Gzi and Alucan. I don't know their production capacities, but Alucan is (physically) bigger than GZi. Alucan is on the express, while Gzi is in Ikperin (hoping I got the spelling right).

Yea, there two Can maker. Gzi and Nampak, formerly Alucan. In terms of size and capacity, the former is bigger producing more than 1.2 billion Can annually. They have different can sizes for 33cl regular can, 33cl skeek can, 25cl can size and 50cl size too. Nampak only have 33cl regular.

2 Likes

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