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30.06.2011 Business & Finance

Stallion Group Grabs Award

By Daily Guide

Stallion Group, a leading conglomerate, has been awarded by the Thailand government.

At a ceremony held at the Thai Government House on June 23, 2011, Prime Minister, Abhisit Vejjajiva handed over the award to Sunil Vaswani – Group Chairman/CEO.

This is the third award for the group in three consecutive years.

The award underlined Stallion's performance as a premium business partner for Thailand by establishing its reputation through quality products/ brands in Nigeria, South Africa, Ghana, Ivory Coast, Cameroun, Togo, Senegal, Angola, Egypt, Congo, Europe and the Middle East.

Stallion Group played a major role in preventing food crisis in Africa through large timely imports.

It has established the largest state-of-the-art rice mills in Nigeria and is making similar investments in Ghana.

Receiving the award,  Sunil Vaswani said “We are delighted to be accorded this value recognition by the government of Thailand. As large-scale investors in agriculture and automobiles, we naturally view Thailand as a strategic partner and are grateful that Stallion Group has been endowed with this prestigious award.

He added 'we hope to take this relationship with Thailand to much higher levels through other investments'.

Stallion Group has been in operation for over 40 years in the field of agricultural and several other industries including commodities, vehicles & motorcycles assembly, steel, iron ore, tyres, real estate, among others.

With established businesses in 18 countries, 72 offices and over 10,000 employees, the group is guided by a multi-cultural management staff devoted to the company's aims and unique business model.

The groups diversification, environment friendly and socially responsible expansion strategy has enabled it to post outstanding year-on-year growth with 19 sole exclusive distributorship rights to global brands such as Volkswagen, Porsche, Honda, Audi, Skoda, Hyundai, among others.

From Business Desk