Maduka, Coscharis founder, named ‘Investor of The Year 2016’
Leading newspaper, The Sun has named President of Coscharis Group, Dr. Cosmas Maduka, as the Investor of the year in Nigeria over his contribution towards economic growth and job creation in the year 2016. The reason for the award was stemmed from his resilient status in building Coscharis Group into a household brand and international conglomerate within a period of time.
The Sun Publishing Limited said Maduka had built a global brand with a local brand name in Coscharis having secured the confidence of globally respected auto brands with exclusive franchises of brands as BMW, Jaguar Land Rover, Ford, MINI and Rolls Royce.
Responding, Dr. Maduka said the award was a reward for his struggles and challenges over the years, which he had turned to opportunities to build a timeless organisation.
In the words of the Managing Director of The Sun Publishing Limited, Eric Osagie: ‘’we felt strongly that Maduka duly deserve this special award based on the fact that within a short time of diversifying into agriculture, the Coscharis Rice brand name has become an house hold name within the agro – allied sector. This really gave the judges an easy task to give him this award based on his dynamism within the business terrain having virtually conquered the auto world, now doing well in agriculture’’.
“Coscharis Group, has grown in leaps and bounds. It is now one of Nigeria’s fastest growing conglomerates, with interests spanning manufacturing, ICT, petrochemical, autocare and auto components, automobiles sales and services, agriculture and agro-allied business.”
The company in the last few years had expanded investment into technologies and other franchise.