PZ Cussons Nigeria Plc is a publicly listed Nigerian manufacturer and distributor of consumer products such as detergents, toiletries, soaps and home appliances. It is a subsidiary of the British company PZ Cussons Holdings, which owns controlling shares in the firm.
PZ trades home appliances products under the brand Haier Thermocool and manages Coolworld electrical stores.[1] It has a joint venture with Wilmar International to produce and trade vegetable oil and palm oil.
History
The company's operations can be traced to the Sierra Leone– based commodities and textile dealing partnership of George Paterson and George Zochonis. The partners who were of Scottish and Greek heritage established a West African trading post in Sierra Leone in 1879 which was later incorporated in Great Britain in February 1884 as Patterson Zochonis.[2] In 1899, the partners opened a trading post in Nigeria and soon developed a merchandising network within the country. In the 1950s, the firm began producing soaps in Nigeria from a factory in Aba