How Thirst for Growth is satisfied Through Acquisition and Vertical Integration: A Case Study of Oando Group Nigeria

Allaaya, Ibraheem Adegboyega (2008) How Thirst for Growth is satisfied Through Acquisition and Vertical Integration: A Case Study of Oando Group Nigeria. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

The Nigeria oil and gas industry remains largely regulated given the strategic importance of the sector to the economy. Consequently, players in the downstream sector have suffered severe profit margin squeeze, despite an increase in demand for petroleum products over the past years.



Oando Plc is the second largest petroleum products marketer in the country based on turnover. With recent additions to its business lines the company has emerged a fully integrated oil and gas company. Given the challenges in the downstream marketing sector �regulation, shrinking margins, high fixed cost, and its drive towards an effective and efficient supply chain; Oando chose to diversify its operations to other sub-sectors within the oil and gas industry. In a bid to capture the future and create value for its shareholders, the company has set for itself strategic objectives critical to improving the company's fortunes in the medium to long term.



Whilst expressing very keen desire to grow, Oando has consistently kept in sight the paramount need to create value as a precursor to its growth strategies. In the light of this, this report seeks to review the corporate strategy of Oando Group, one of the major players in the Nigeria oil and gas industry, considering its knack for value creation.

Oando's new management has deployed strategic initiatives aimed at making the company a dominant player in the downstream sector, as well as giving it a foothold in the upstream sector. The company is also diversifying into the non-fuel business.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 11 Nov 2008
Last Modified: 02 Feb 2018 04:51
URI: https://eprints.nottingham.ac.uk/id/eprint/21809

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