Maltonic is back in the market after six years absence

Must Read

- Advertisement -

Maltonic, a malt drink, one of the foremost malt drink in Nigeria originally produced by Sona Breweries is being relaunched after six years absence from the market.

In a statement made by Sona Breweries and received by Brandspur Ng: Maltonic was first launched in 1986 and it was positioned as a drink fortified with vitamin C.

Following the sale of Sona Breweries beer assets to Nigerian Breweries,  the ownership of the brand was transferred to Euro Global Foods and Distilleries Limited, which is a unit od Sona Group making the malt drink go dormant since 2011.

Parts of the agreement between Nigerian Breweries and Sona Group was a standing non-competition agreement for five years which prevented Sona from launching or trading a competing product during that period.

- Advertisement -

While commenting on the events that led to this relaunch, the Group Managing Director, Sona Group of Companies, Ajai Musaddi, said that it took the company eight to 10 months to retool the plant since the original malt drink was not produced in the brewery section.

Musaddi added that “Maltonic is produced with 100% Nigerian Sorghum and raw materials in line with the groups’ avowed mission to execute major backward integration programmes to generate employment for Nigerians and produce brands of excellent, world-class quality.

The Managing Director, Euro Global, Manish Uniyal, said Maltonic was also recently fortified with other vitamins.

 “The malt brand has undergone further filtration, rebranding and perfection processes to give consumers that natural, smooth and pure malty taste that no other brand offers. Naturally, this great brand is even greater as it is now enriched with multiple vitamins including Vitamins A, B1, B2, B6 in addition to the flagship vitamin C,” Uniyal said.

The Group Chief Operating Officer, Sona Group of Industries, Mr. Ashok Maghnani, noted that Sona Group’s vision was to make Nigeria a major hub for the production of world-class goods.

Read Also:  Food, Current Affairs Dominate Google Search Nigeria
- Advertisement -

Maltonic is back in the market after six years absence - Brand Spur

The event also witnessed distributors being appreciated and rewarded with certificates, plaques and cash. Mr. Andrew Onyike of Shina Stores received the star prize of N5.6 million while Jude Okolozo of Golden Pillars and Odinwamkpa Jude Amachi of Popular Nigeria Limited came first and second runners-up respectively.

Read Also:  Guinness Nigeria Made Appropriate Remittances to Nigerian Custom Services

Mr. Felix Aighobahi, Sales Director, Euro Global Food and Distilleries thanked the Partners for their support in making Euro Global a great success story and implored them to replicate and improve on the Maltonic success of the past by making it available to the teeming consumers who deserve to experience a proudly Nigerian malt beverage like no other.

(Beverageindustrynews)

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

- Advertisement -
spot_imgspot_img

Latest News

NIPC’s CEO Wants Nigerians to Market Country As Investment Destination

The Executive Secretary/CEO of Nigerian Investment Promotion Commission (NIPC) Yewande Sadiku has enjoined Nigerians to join in the investment...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img