The history of Sun Group parallels the growth of Nigeria and its energetic drive toward prosperity and international prominence. Established in 1970, Sun Group is a privately held, growing business conglomerate with deep-rooted ties to Nigeria.
The Group’s diverse business portfolio comprises interests that span across the manufacturing, distribution, trading and service industries, where, through its companies and operating subsidies, it has achieved positions of market leader in many of its business lines.
These business lines are diverse and include distribution of Food, Paper, Steel and Tyres. On the industrial front, the Group also manufactures Plastics. Sun Group’s Retail & Service Sector involves the service and maintenance of Refrigerated Transport Systems and Cold Rooms, as well as Tyre Service Centers and mini marts that sell FMCG products.
Managed by a team of seasoned professionals, Sun Group is committed to serving Nigerian customers with high quality products and services at competitive prices. In accordance with this aim, Sun Group has established strong associations and partnerships with leading companies and suppliers worldwide and has accordingly built a well streamlined procurement and sales distribution network.
Sound financials, exemplary business vision and operational excellence have resulted in significant market share in each of the areas of operation. Sun Group is on a growth mode, consolidating its dominant position on its existing business lines, whilst seeking to expand and diversify in the coming years.
ABOUT SUN GROUP
SUN GROUP TIMELINE
Group Vision & Mission
The aim is for Sun Group to be at the forefront of the markets in each of our business lines and to further our position as one of Nigeria’s leading business entities.
Our mission is to offer products (imported and locally manufactured) and services, across the country ensuring affordability, availability, accessibility for our customer base.
Group Strategy
In accordance with achieving the “Sun Vision”, Sun Group recognizes the importance of continuing to build unrivalled partnerships with and value for our customers, through the knowledge, ingenuity, and commitment of our people. Sun Group is committed to building the value of the Group by committing resources to those opportunities which offer exceptional returns. The Group will adopt a strategy of business segmentation to create different business units functioning as different growth engines. Sun Group believes in longevity and long term relationships with our suppliers, customers and employees. Staying true to our values has enabled the Group to be well positioned for healthy growth in the coming years and on course towards achieving the aims as set out under the Group’s Vision and Strategy.
Group Values
Sun Group is committed to
mutual respect and trust
expense discipline and profitability
Sun Group
EMPLOYEE DEVELOPMENT
Sun Group recognizes that our people are our greatest asset, and we place much importance on their professional development knowing this goes hand in hand with the development of our organization.
The Group aims to develop its employees to help them reach their full potential and giving each person the best chance to succeed.
OUR STRENGTHS
DIVERSE BUSINESS PORTFOLIO
That ensures balance and mitigates risk and inspires growth.
EXCLUSIVE DISTRIBUTION RIGHTS & AGENCIES
The Company holds agencies & exclusive rights for several premium brands and products.
HIGH CALIBER & EXPERIENCED TEAM
Business units driven by seasoned professionals with industry specific operational experience.
SOUND FINANCIALS & BALANCED RISK
Achieved through a prudent, conservative & analytical approach.
PROCUREMENT & SOURCING CAPABILITIES
Through international best practices and long standing relations.
ROBUST INFRASTRUCTURE
In terms of Offices, Warehouses, Coldrooms, IT, Sales & Distribution Resources.
LONG STANDING RELATIONSHIPS & PARTNERSHIPS
Suntrac International always conducts business with a long-term view beneficial for all stakeholders.
REPUTATION
Earned over a long period of time for integrity and trust in business.
CHAIRMAN’S MESSAGE
As a Group, our driving goal is to grow, succeed and become pre-eminent in every field of business in which we engage, whilst adhering to our values of integrity, respect and a commitment to excellence.
We bring our traditional family values of fairness, honesty and trust to bear on professional and innovative ways of working and developing our business and associated relationships. From humble beginnings almost five decades ago, we have grown to become a large diversified business, with interests that spread across different industries that include tyres, paper, steel and plastics amongst others.
Sound financials, meticulous planning, an ever-increasing talented human resource pool, and the ability to execute opportunities that fit with our strategies and principles has resulted in the Group assuming leadership positions in several of our business lines.
We will continue to build unrivalled partnerships and value with and for our customers, through the knowledge, ingenuity, and commitment of our people as well as through the products & services we offer. With our expansion plans across different product categories and new territories already under way, the Group is well-positioned for healthy, diversified growth in the coming years.