Innscor Africa Limited
Innscor Africa is a Zimbabwe-based company with a focus on food production, retail, and manufacturing. It operates popular brands like Chicken Inn and Pizza Inn.
| Legal Name | Innscor Africa Limited |
|---|---|
| Year Founded | 1987 (38 Years Ago) |
| Type | Public |
| Traded As | |
| Head Office | Harare, Zimbabwe |
| Key People | JP Schonken (CEO), Addington Chinake (Chairman) |
| Products & Brands | Gloria Flour, PROfeeds, Irvines Eggs, Irvine's Chicken, Day Old Chicks, Bread, Pork & Beef, FMCG, Popticorn, Revive, Fizzi, Bally House |
| Revenue | ZW$910,065,000 ▲ (2024) |
| Market Cap | ZW$460,000,000,000 (2024) |
| Official Website |
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About
Innscor Africa Limited is a diversified African conglomerate based in Zimbabwe, known for its involvement in various industries such as food production, retail, and manufacturing. The company is listed on the Zimbabwe Stock Exchange and operates both locally and in several other African markets. Founded in the early 1990s, Innscor Africa has grown into one of the leading companies in the region, recognized for its ability to manage multiple business segments and adapt to changing market conditions.
Over the years, the company has expanded its footprint in the food and beverage sector, becoming a major player in the fast-food industry. Through a series of strategic acquisitions and investments, Innscor Africa has established a strong presence in various sectors, including agriculture, retail, and logistics. The company is committed to producing high-quality products while also supporting local economies and contributing to regional growth.
Company History
Innscor Africa was established in 1993 as a company focused on food manufacturing and distribution. Over the years, it diversified into other sectors, expanding its reach beyond the borders of Zimbabwe. The company’s growth has been fueled by a series of acquisitions, including the purchase of leading food brands and the development of a robust distribution network across Southern Africa.
Through strategic investments and operational efficiencies, Innscor Africa has become a key player in the food processing industry. It has made a name for itself in both the retail and wholesale markets, providing consumers with a wide range of products. The company's expansion strategy has helped it navigate through economic challenges and emerge as one of the most influential businesses in Zimbabwe.
Products and Services
Innscor Africa is involved in the manufacturing and retailing of a diverse range of products and services. The company’s portfolio includes food production, quick-service restaurants, and distribution services. Innscor is known for offering affordable and accessible food products to a wide audience across Southern Africa.
Products and Services:
- Fast Food (e.g., Chicken Inn, Pizza Inn, and Nando's)
- Food Manufacturing (e.g., Maize Meal, Cooking Oil)
- Retail Outlets (e.g., Spar and OK Zimbabwe stores)
- Logistics and Distribution
- Agricultural Products (e.g., Seed and Fertilizers)
Innscor Africa aims to provide value for money through its high-quality products while continuing to expand its reach and maintain its position as a leading conglomerate in Southern Africa.
Internal Structure
Innscor Africa operates through various divisions, each responsible for managing specific business areas. These include food production, retail, agriculture, and logistics. The company places a strong emphasis on operational efficiency and sustainability, ensuring its long-term growth and success in a competitive market. Its corporate structure allows it to manage multiple ventures and scale its operations effectively across different sectors.
The current CEO of Innscor Africa is Julian Schonken, who has been at the helm since 2019. Under his leadership, the company has continued to diversify and expand its operations, ensuring that it remains a significant player in the African market. His leadership style focuses on innovation, growth, and a commitment to enhancing the company's presence in Africa.