Ownership Structure

01

Holdings

Elconag owns 10% of Swiss Biostadt, a lifescience Company that started business in Nigeria in 1964 as CIBA GEIGY. The Company does business in the areas of Agrocare, Medicare and Pharmacare with business and partnership relations with companies such as GE Healthcare, a US Technology Company; Karl Storz, a German firm in Endoscopic Medicine; Covidien, a US-based firm of medical consumables; Hill-Rom, a US firm for Hospital care; Trumpf , a German firm for Medical Systems for Theartres & ICUs and Syngenta AG of Switzerland, the world’s leading agribusiness firm.

02

Major Share Owners

On the other hand, the major owners of Elconag shares are corporate organizations namely viz:

– Cowry Assets, a major player in the Nigeria Capital market

– Kingscare Hospitals with core assets in 3 locations

– MainSprings, an Estate Firm

– Rainbow Unlimited, Switzerland, an Event Management firm based in Geneva

These relationships placed Elconag in a unique setting of diverse ownership from all works of life and it is multi-racial and international in ownership

03

Partnerships & Consultancy

Elconag maintains strong relationships with leading Companies in technology within & outside Nigeria leaving it with a pool of resources that can easily be deployed to any project and or site.

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