Grand Oak Limited wins Best Performance Award in Q1

Grand Oak Limited, one of the subsidiaries of Lexcel Group, has won the Group Chairman’s Award for being the best performing Company for the first quarter of the year 2015. At the announcement of the quarterly review results held at Protea Hotel in Ikeja, Lagos. Grand Oak Limited, the Group’s marketer of alcoholic and non-alcoholic beverages beat six other companies. Other companies evaluated include Supreme Distilleries Limited, Nigeria Distilleries Limited, Grand Oak International Brands Limited, Lexcel Packaging Products Limited and Allied Atlantic Distilleries.

The highpoint of the ceremony was the presentation of the trophy to the Managing Director of Grand Oak Limited as winners of the Group’s in-house assessment. In his welcome address, the Chairman of Lexcel Group Mr Ola Rosiji commended Grand Oak Limited for doing extremely well during the period under review. He also acknowledged the effort put in by the management and staff of the various companies saying the expansion and improvement of the Group is clearly evident despite the impediments of business operations in Nigeria.

Also speaking at the event, Managing Director, Lexcel Group, Anil Ahluwalia lauded the achievement of the various companies under the Group and specifically applauded the vast improvement noticed in companies like Grand Oak International Brands Limited, Nigeria Distilleries Limited and Allied Atlantic Distilleries Limited.

Furthermore, Mr Ahluwalia noted that despite the challenging terrain for businesses due to the political tumult as a result of the Nigerian elections, the companies under the Lexcel Group met their targets. He said not a single unit disappointed as every unit exceeded expectation. Appreciating the award, an elated Aare Fatai Odesile, Commercial Director, Grand Oak Limited, said, “I am extremely happy that Grand Oak Limited has won the award again. We all know what Q1 2015 was like with the election postponement. Despite all these challenges, we were able to not only sell but exceeded our target and even exceeded previous year’s target. Naturally, you feel happy when you’re compensated and I can only attribute that to the resilient work of the team; their determination in the face of challenges. So, I am quite proud of the team.” On the company’s plan to consolidate on this feat, Odesile remarked, “Winning is like a tonic, like an adrenaline pumped into you. All the Regional Business Managers are here today and have witnessed what it is to be a winner, they won’t want to lose. I guarantee you that this would serve as a great motivation to the team to keep the trophy. We won it twice in 2014 and then lost focus but I am assuring you, we will not slow the pace this time around.”

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