Fan Milk Limited

Fan Milk Limited

Infobox Company
name = Fan Milk Limited

type = Dairy
genre = Ice Cream
foundation = 1960
founder =
location_city = Accra flag|Ghana
location_country = Benin, Togo and Burkina Faso
location =
locations =
area_served =
key_people = Danish investors
industry =
products =Milk, Ice Cream, Yoghurt and Ice lollies
services =
revenue =
operating_income =
net_income =
assets = 3250 + shareholders (2003)
equity =
owner =
num_employees =
parent = Fan Milk International Denmark
divisions =
subsid =
slogan =
homepage = http://www.fanmilk-gh.net
footnotes =
intl =

Fan Milk Limited is a Ghanaian dairy retailer based in Accra. It has since begun operating in Benin, Togo and Burkina Faso.They are listed on the stock index of the Ghana Stock Exchange, the GSE All-Share Index. It was incorporated in 1960 and was previously known as the Ghanaian Milk Company. It took advantage of Danish investment in the early 1960s and initially specialised in pasteurized milk. However, in 1962, the company changed its name to Fan Milk Limited, and branched out into the production of ice cream, yoghurt and ice lollies. The name has since become a household name in Ghana, and is a common sight to see ice cream carts and bicycles on beaches and the streets selling the brand.

Fan Milk Limited was the first foreign invested company in Ghana to become a Public Limited Liability in 1967 and among the first Companies to be listed on the Ghana Stock Exchange in 1990. As of 2003 it had over 3,250 shareholders. [cite web|url=http://www.fanmilk-gh.net/internet/index.php?CatId=87|title=The Company|date=2007|publisher=Fan Milk Limited|accessdate=September 25|accessyear=2008]

As of December 31 2003 its top shareholders are the Danish investors Fan Milk International Denmark with 7,365,955 shares (37.23%) and the Danish Industrialization Fund For Developing Countries with 4,954,420 shares (25.04%), and the Enterprise Insurance Company with 1,978,472 shares (10%).

Products

*FanIce
*FanGold
*FanYogo
*Tampico

References

External links

* [http://www.fanmilk-gh.net/ Fan Milk Limited Official Website]
* [http://www.flickr.com/search/?q=Fan+Milk+ Related images at flickr]
* [http://lh6.ggpht.com/_TQH1WCQIWss/Rk8aseVlztI/AAAAAAAABz8/OM6fdcNT9to/1381-Ho-FanMilk.jpgImage of a Fan Milk bicycle seller]


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