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Vitafoam Nigeria

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uuid00285zb

Namestring
Vitafoam Nigeria
Legal namestring
Vitafoam Nigeria Plc
Websiteurl
vitafoamng.com
Company typeenum
Private
Founded yearint
1962
Descriptiontext

Vitafoam Nigeria Plc is a Nigerian foam manufacturing company founded in 1962, headquartered at 140 Oba Akran Avenue, Ikeja, Lagos. It manufactures polyurethane and reconstituted foam products — mattresses, cushions, pillows, and sheetings — organized into seven product categories: Mattresses (weight-segmented from under 50kg to above 100kg, including Vita Shine, Vitaluxe, and Vitahelix lines), Pillows (fibre, memory, and therapeutic variants), Bedding (duvets, bedsheets, memory toppers), Furniture (bedroom, living room, school, office, hospital — including the Acada line), Mother & Child, and lifestyle accessories. The company claims to be the first foam manufacturer in Nigeria to subject its quality system to the Standards Organization of Nigeria (SON) Quality Management System and operates under ISO 9001-aligned processes, with manufacturing conforming to international standards.

The business operates a multi-channel go-to-market spanning direct e-commerce (vitafoamng.com with Visa, Verve, MasterCard, and Zenith Bank transfer payment options), Comfort Centre retail showrooms, an accredited distributor network, and over 40 accredited ordering centres across Nigeria. Pricing is unit-based and one-time transactional (no subscription model), with mattresses ranging from approximately ₦29,535.36 (Vita Shine) to ₦617,951.92 (Vitahelix), pillows ₦10,075.43–₦13,238.01, and furniture items such as hospital tables starting at ₦69,406.10. Free delivery is offered within Lagos for orders above ₦50,000. The primary customer base is Nigerian individual consumers, with secondary demand from healthcare facilities, educational institutions, and corporate/office buyers. No public stock exchange listing, ticker, or investor relations presence was identified in the source data, and no revenue, headcount, or ownership disclosures were available.

Short descriptiontext

Vitafoam Nigeria Plc is a Lagos-based polyurethane and reconstituted foam manufacturer founded in 1962, producing mattresses, pillows, bedding, furniture, and lifestyle products for Nigerian consumers, healthcare facilities, schools, and corporate buyers through e-commerce, showrooms, and 40+ distributor/ordering centres.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersIkeja, Nigeria
HQ citystring
Ikeja
HQ countrystring
Nigeria
HQ regionstring
Africa
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
foam manufacturing, mattress production, polyurethane foam, sleep products, bedding furniture
Industry3 codes
1Foam Conversion & Fabrication (Cutting, Laminating, CNC, Packaging Inserts)
CodeIMANAIAJPrimaryYes
2Mattress & Bed Retail (Innerspring, Foam, Hybrid)
CodeCRAIABAAPrimaryNo
3Mattress & Pillow Components Manufacturing (Ticking/Pillow Shells/Protectors)
CodeIMAOAKAEPrimaryNo
NAICS code3 codes
  • Mattress Manufacturing337910
  • Urethane and Other Foam Product (except Polystyrene) Manufacturing32615
  • Plastics and Rubber Products Manufacturing326
SIC code2 codes
  • Plastics Foam Products3086
  • Household Furniture2510
Product category
Foam Mattresses and Bedding
Social media profiles1 record
Revenue model1 record
1Product Sales
TypeOne Time License
Description

Vitafoam generates revenue through the manufacture and sale of foam products including mattresses, pillows, bedding (duvets, bedsheets, mattress toppers), furniture, and lifestyle accessories. Products are sold through direct e-commerce, Comfort Centres, distributors, and ordering centers. Revenue is primarily one-time transactional with no recurring subscription model.

vitafoamng.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Pricing details1 tier
1Unit pricing for individual products across categories including mattresses, pillows, bedding, furniture, and lifestyle accessories
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Individual product pricing ranging from approximately ₦10,000 to ₦600,000+. Prices shown are inclusive of VAT and taxes. No subscription or recurring billing model.

vitafoamng.com
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Vitafoam Nigeria manufactures and sells polyurethane and reconstituted foam-based mattresses, pillows, bedding, and furniture for Nigerian homes, offices, schools, hospitals, and mother & child use. The company operates under SON Quality Management System certification and distributes its products through direct e-commerce, Comfort Centres, accredited distributors, and over 40 ordering centres across Nigeria.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Vitafoam Nigeria is a foam manufacturing and sleep products company offering a comprehensive portfolio organized across seven main categories: Mattresses (including Vita Shine, Vitaluxe, and Vitahelix lines with weight-based variants from under 50kg to above 100kg), Pillows (Fibre, Memory, and specialty therapeutic pillows like Cervical Collar and Wedge), Bedding (Duvet Sets, Bedsheets, Memory Toppers), Furniture (Bedroom, Living Room, School, Office, and Hospital segments including the Acada furniture line), Mother & Child products (Kids, Babies including Wooden Baby Cot, and Maternity), and Lifestyle accessories (PU Desk, Leisure Mats, and Accessories). The company positions itself as Nigeria's first foam manufacturing company, emphasizing quality manufacturing, rigorous testing, and compliance with international standards. Products are available through online purchasing, accredited ordering centers, and comfort centers across Nigeria.

Product and service18 records
1Vita Shine Mattress
CategoryMattress
Description

Entry-level Vitafoam mattress priced at approximately ₦29,535.36, designed for everyday comfort with basic foam support for individual consumers seeking affordable sleep products.

2Vitaluxe Mattress
CategoryMattress
Description

Premium Vitafoam mattress line positioned at a higher price point for a superior sleep experience with enhanced comfort features.

3Vitahelix Mattress
CategoryMattress
Description

Advanced Vitafoam mattress priced up to approximately ₦617,951.92, featuring helical coil technology for targeted support and durability.

4Flamingo Fibre Pillow
CategoryPillow
Description

Breathable fibre pillow priced at approximately ₦11,249.04, designed for everyday comfort and support during sleep.

5Vita Quilted Pillow
CategoryPillow
Description

Quilted pillow priced at approximately ₦10,490.64, offering enhanced softness and traditional comfort design.

6Vita Jumbo Pillow
CategoryPillow
Description

Oversized Vitafoam pillow providing extra coverage and comfort for larger bed sizes.

7Cervical Collar Pillow
CategoryLifestyle
Description

Therapeutic Vitafoam pillow designed to support neck alignment and relieve cervical spine discomfort.

8Wedge Pillow
CategoryLifestyle
Description

Inclined foam pillow for elevated sleeping or sitting positions, used for medical or comfort purposes.

9Acada Ballon (Single) Bed Frame
CategoryFurniture
Description

Single-size balloon-style bed frame from the Acada furniture line, priced at approximately ₦46,740.73.

10Acada Ballon (Combine Double) Bed Frame
CategoryFurniture
Description

Double-size combined balloon bed frame from the Acada furniture line, priced at approximately ₦89,559.08.

11Adjustable Hospital Overhead Table
CategoryFurniture
Description

Adjustable overbed table priced at approximately ₦69,406.10, designed for patient care in medical and hospital settings.

12PU Desk
CategoryLifestyle
Description

Polyurethane desk for home or office use, part of the Vitafoam lifestyle accessories collection.

13Wooden Baby Cot with Storage
CategoryMother & Child
Description

Wooden crib with integrated storage compartments designed for infant care and baby sleeping arrangements, targeted at expectant mothers and families with infants.

14Memory Foam Topper
CategoryBedding
Description

Memory foam mattress topper designed to add a comfort layer to existing mattresses.

15Duvet Set
CategoryBedding
Description

Complete Vitafoam duvet ensemble including cover and pillowcases for bed styling.

16Duvet (Insert Only)
CategoryBedding
Description

Standalone Vitafoam duvet insert without additional bedding pieces.

17Bedsheets
CategoryBedding
Description

Individual Vitafoam bedsheet purchases separate from complete bedding sets.

18Leisure Mat
CategoryLifestyle
Description

Recreational Vitafoam mat designed for leisure activities and relaxation.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Serta Simmons is a major US-based mattress manufacturer with significant foam and innerspring product lines. Relevant peer for understanding mattress retail strategy, comfort segmentation, and orthopedic positioning comparable to Vitafoam's weight-segmented approach.

TypeBroad incumbent
Description

Sleep Number is a premium mattress brand selling through direct and retail channels, with foam-based offerings. Comparable on multi-channel distribution strategy and comfort-segmented mattress positioning to Vitafoam's tiered product portfolio.

TypeDirect peer
Description

Casper is a direct-to-consumer foam mattress brand that disrupted traditional mattress retail. Comparable to Vitafoam in core foam mattress category and e-commerce-led distribution strategy targeting direct consumer sales.

TypeBroad incumbent
Description

PZ Cussons Nigeria is a diversified consumer goods manufacturer with foam and bedding products within its broader household portfolio. Operates through similar mass-market distribution channels and competes in the Nigerian home furnishings category.

TypeBroad incumbent
Description

Tempur Sealy is a global mattress manufacturer specializing in memory foam and polyurethane-based mattresses, comparable to Vitafoam's foam-based product lines but at global premium scale. Useful for understanding foam mattress technology and brand-building best practices.

TypeRegional player
Description

Foam Concepts is a Nigerian-based foam converter and manufacturer producing polyurethane foam for industrial and consumer use. Comparable on foam manufacturing technology and Nigerian market focus though typically more focused on raw foam supply than finished mattresses.

TypeDirect peer
Description

Mouka Foam is one of Vitafoam's closest direct competitors in Nigeria, manufacturing polyurethane foam mattresses, pillows, and bedding products for the Nigerian consumer market. Both companies compete head-to-head on quality positioning, SON certification, and national distribution.

8Aile d'Or Industries
TypeEmerging player
Description

Aile d'Or Industries is an emerging West African foam manufacturer expanding into Nigeria and neighboring markets. Comparable on polyurethane foam manufacturing technology and West African regional market overlap with Vitafoam.

9Kingdom Beds & Furniture
TypeEmerging player
Description

Kingdom Beds is a Nigerian bedroom furniture and bedding retailer with its own foam product lines. Comparable as a regional emerging competitor offering mattresses and complementary furniture in the same Nigerian market segment as Vitafoam.

TypeDirect peer
Description

Dunlop Foam manufactures foam mattresses and bedding products in Nigeria, competing directly with Vitafoam in the mid-market polyurethane mattress segment. Both target similar consumer weight categories and distribute through similar retail and distributor channels nationally.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Vitafoam Nigeria

Foam Mattresses and Beddingvitafoamng.com

Vitafoam Nigeria Plc is a Lagos-based polyurethane and reconstituted foam manufacturer founded in 1962, producing mattresses, pillows, bedding, furniture, and lifestyle products for Nigerian consumers, healthcare facilities, schools, and corporate buyers through e-commerce, showrooms, and 40+ distributor/ordering centres.

What Vitafoam Nigeria does

Vitafoam Nigeria Plc is a Nigerian foam manufacturing company founded in 1962, headquartered at 140 Oba Akran Avenue, Ikeja, Lagos. It manufactures polyurethane and reconstituted foam products — mattresses, cushions, pillows, and sheetings — organized into seven product categories: Mattresses (weight-segmented from under 50kg to above 100kg, including Vita Shine, Vitaluxe, and Vitahelix lines), Pillows (fibre, memory, and therapeutic variants), Bedding (duvets, bedsheets, memory toppers), Furniture (bedroom, living room, school, office, hospital — including the Acada line), Mother & Child, and lifestyle accessories. The company claims to be the first foam manufacturer in Nigeria to subject its quality system to the Standards Organization of Nigeria (SON) Quality Management System and operates under ISO 9001-aligned processes, with manufacturing conforming to international standards.

The business operates a multi-channel go-to-market spanning direct e-commerce (vitafoamng.com with Visa, Verve, MasterCard, and Zenith Bank transfer payment options), Comfort Centre retail showrooms, an accredited distributor network, and over 40 accredited ordering centres across Nigeria. Pricing is unit-based and one-time transactional (no subscription model), with mattresses ranging from approximately ₦29,535.36 (Vita Shine) to ₦617,951.92 (Vitahelix), pillows ₦10,075.43–₦13,238.01, and furniture items such as hospital tables starting at ₦69,406.10. Free delivery is offered within Lagos for orders above ₦50,000. The primary customer base is Nigerian individual consumers, with secondary demand from healthcare facilities, educational institutions, and corporate/office buyers. No public stock exchange listing, ticker, or investor relations presence was identified in the source data, and no revenue, headcount, or ownership disclosures were available.

Vitafoam Nigeria firmographics

Firmographics
Name
Vitafoam Nigeria
Legal name
Vitafoam Nigeria Plc
Website
https://vitafoamng.com
Company type
Private
Founded year
1962
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Vitafoam Nigeria Plc is a Lagos-based polyurethane and reconstituted foam manufacturer founded in 1962, producing mattresses, pillows, bedding, furniture, and lifestyle products for Nigerian consumers, healthcare facilities, schools, and corporate buyers through e-commerce, showrooms, and 40+ distributor/ordering centres.
Ownership category
akta.pro rank

Vitafoam Nigeria industry classification

Industry
Product category
Foam Mattresses and Bedding
NAICS
Mattress Manufacturing (337910), Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615), Plastics and Rubber Products Manufacturing (326)
SIC
Plastics Foam Products (3086), Household Furniture (2510)
akta.pro primary industry
Foam Conversion & Fabrication (Cutting, Laminating, CNC, Packaging Inserts) (IMANAIAJ)
akta.pro secondary industries
Mattress & Bed Retail (Innerspring, Foam, Hybrid) (CRAIABAA), Mattress & Pillow Components Manufacturing (Ticking/Pillow Shells/Protectors) (IMAOAKAE)

Keywords

  • Foam manufacturing
  • Mattress production
  • Polyurethane foam
  • Sleep products
  • Bedding furniture

Where Vitafoam Nigeria is headquartered

Location

Headquarters

HQ city
Ikeja
HQ country
Nigeria
HQ region
Africa

Offices1 record

Markets served

Vitafoam Nigeria business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. Product Sales: Vitafoam generates revenue through the manufacture and sale of foam products including mattresses, pillows, bedding (duvets, bedsheets, mattress toppers), furniture, and lifestyle accessories. Products are sold through direct e-commerce, Comfort Centres, distributors, and ordering centers. Revenue is primarily one-time transactional with no recurring subscription model.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goUnit pricing for individual products across categories including mattresses, pillows, bedding, furniture, and lifestyle accessories

Distribution channels4 records

Marketing channels3 records

Vitafoam Nigeria product offering

Product offering

Core offering

Vitafoam Nigeria manufactures and sells polyurethane and reconstituted foam-based mattresses, pillows, bedding, and furniture for Nigerian homes, offices, schools, hospitals, and mother & child use. The company operates under SON Quality Management System certification and distributes its products through direct e-commerce, Comfort Centres, accredited distributors, and over 40 ordering centres across Nigeria.

Product overview

Vitafoam Nigeria is a foam manufacturing and sleep products company offering a comprehensive portfolio organized across seven main categories: Mattresses (including Vita Shine, Vitaluxe, and Vitahelix lines with weight-based variants from under 50kg to above 100kg), Pillows (Fibre, Memory, and specialty therapeutic pillows like Cervical Collar and Wedge), Bedding (Duvet Sets, Bedsheets, Memory Toppers), Furniture (Bedroom, Living Room, School, Office, and Hospital segments including the Acada furniture line), Mother & Child products (Kids, Babies including Wooden Baby Cot, and Maternity), and Lifestyle accessories (PU Desk, Leisure Mats, and Accessories). The company positions itself as Nigeria's first foam manufacturing company, emphasizing quality manufacturing, rigorous testing, and compliance with international standards. Products are available through online purchasing, accredited ordering centers, and comfort centers across Nigeria.

Differentiator

Problem solved

Functional benefit

Products and services

  • Vita Shine Mattress Entry-level Vitafoam mattress priced at approximately ₦29,535.36, designed for everyday comfort with basic foam support for individual consumers seeking affordable sleep products.
  • Vitaluxe Mattress Premium Vitafoam mattress line positioned at a higher price point for a superior sleep experience with enhanced comfort features.
  • Vitahelix Mattress Advanced Vitafoam mattress priced up to approximately ₦617,951.92, featuring helical coil technology for targeted support and durability.
  • Flamingo Fibre Pillow Breathable fibre pillow priced at approximately ₦11,249.04, designed for everyday comfort and support during sleep.
  • Vita Quilted Pillow Quilted pillow priced at approximately ₦10,490.64, offering enhanced softness and traditional comfort design.
  • Vita Jumbo Pillow Oversized Vitafoam pillow providing extra coverage and comfort for larger bed sizes.
  • Cervical Collar Pillow Therapeutic Vitafoam pillow designed to support neck alignment and relieve cervical spine discomfort.
  • Wedge Pillow Inclined foam pillow for elevated sleeping or sitting positions, used for medical or comfort purposes.
  • Acada Ballon (Single) Bed Frame Single-size balloon-style bed frame from the Acada furniture line, priced at approximately ₦46,740.73.
  • Acada Ballon (Combine Double) Bed Frame Double-size combined balloon bed frame from the Acada furniture line, priced at approximately ₦89,559.08.
  • Adjustable Hospital Overhead Table Adjustable overbed table priced at approximately ₦69,406.10, designed for patient care in medical and hospital settings.
  • PU Desk Polyurethane desk for home or office use, part of the Vitafoam lifestyle accessories collection.
  • Wooden Baby Cot with Storage Wooden crib with integrated storage compartments designed for infant care and baby sleeping arrangements, targeted at expectant mothers and families with infants.
  • Memory Foam Topper Memory foam mattress topper designed to add a comfort layer to existing mattresses.
  • Duvet Set Complete Vitafoam duvet ensemble including cover and pillowcases for bed styling.
  • Duvet (Insert Only) Standalone Vitafoam duvet insert without additional bedding pieces.
  • Bedsheets Individual Vitafoam bedsheet purchases separate from complete bedding sets.
  • Leisure Mat Recreational Vitafoam mat designed for leisure activities and relaxation.

Companies that use Vitafoam Nigeria

Customer profile

Segments5 records

Ideal customer profiles4 records

Vitafoam Nigeria technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Vitafoam Nigeria partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Vitafoam Nigeria competitors and assessment

Company assessment

Broad incumbents

  • Serta Simmons Bedding: Serta Simmons is a major US-based mattress manufacturer with significant foam and innerspring product lines. Relevant peer for understanding mattress retail strategy, comfort segmentation, and orthopedic positioning comparable to Vitafoam's weight-segmented approach.
  • Sleep Number Corporation: Sleep Number is a premium mattress brand selling through direct and retail channels, with foam-based offerings. Comparable on multi-channel distribution strategy and comfort-segmented mattress positioning to Vitafoam's tiered product portfolio.
  • PZ Cussons Nigeria: PZ Cussons Nigeria is a diversified consumer goods manufacturer with foam and bedding products within its broader household portfolio. Operates through similar mass-market distribution channels and competes in the Nigerian home furnishings category.
  • Tempur Sealy International: Tempur Sealy is a global mattress manufacturer specializing in memory foam and polyurethane-based mattresses, comparable to Vitafoam's foam-based product lines but at global premium scale. Useful for understanding foam mattress technology and brand-building best practices.

Direct peers

  • Casper Sleep: Casper is a direct-to-consumer foam mattress brand that disrupted traditional mattress retail. Comparable to Vitafoam in core foam mattress category and e-commerce-led distribution strategy targeting direct consumer sales.
  • Mouka Foam Nigeria: Mouka Foam is one of Vitafoam's closest direct competitors in Nigeria, manufacturing polyurethane foam mattresses, pillows, and bedding products for the Nigerian consumer market. Both companies compete head-to-head on quality positioning, SON certification, and national distribution.
  • Dunlop Foam Nigeria: Dunlop Foam manufactures foam mattresses and bedding products in Nigeria, competing directly with Vitafoam in the mid-market polyurethane mattress segment. Both target similar consumer weight categories and distribute through similar retail and distributor channels nationally.

Regional players

  • Foam Concepts Nigeria: Foam Concepts is a Nigerian-based foam converter and manufacturer producing polyurethane foam for industrial and consumer use. Comparable on foam manufacturing technology and Nigerian market focus though typically more focused on raw foam supply than finished mattresses.

Emerging players

  • Aile d'Or Industries: Aile d'Or Industries is an emerging West African foam manufacturer expanding into Nigeria and neighboring markets. Comparable on polyurethane foam manufacturing technology and West African regional market overlap with Vitafoam.
  • Kingdom Beds & Furniture: Kingdom Beds is a Nigerian bedroom furniture and bedding retailer with its own foam product lines. Comparable as a regional emerging competitor offering mattresses and complementary furniture in the same Nigerian market segment as Vitafoam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Vitafoam Nigeria social profiles

Digital presence

Vitafoam Nigeria compliance and trust

Trust signal

Compliance3 records

Vitafoam Nigeria financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vitafoam Nigeria leadership team

Management profile

Number of profiles

Vitafoam Nigeria funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Vitafoam Nigeria M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vitafoam Nigeria

What does Vitafoam Nigeria do?

Vitafoam Nigeria manufactures and sells polyurethane and reconstituted foam-based mattresses, pillows, bedding, and furniture for Nigerian homes, offices, schools, hospitals, and mother & child use. The company operates under SON Quality Management System certification and distributes its products through direct e-commerce, Comfort Centres, accredited distributors, and over 40 ordering centres across Nigeria.

Is Vitafoam Nigeria a public or private company?

Vitafoam Nigeria is a private company. It is classified as unknown and is currently operating.

When was Vitafoam Nigeria founded?

Vitafoam Nigeria was founded in 1962. It employs 501 to 1,000 people.

Where is Vitafoam Nigeria based?

Vitafoam Nigeria is headquartered in Ikeja, Nigeria, in the Africa region.

How does Vitafoam Nigeria make money?

One revenue line is on record: product Sales.

Who are Vitafoam Nigeria's main competitors?

Broad incumbents on record are Serta Simmons Bedding, Sleep Number Corporation, PZ Cussons Nigeria and Tempur Sealy International. Direct peers are Casper Sleep, Mouka Foam Nigeria and Dunlop Foam Nigeria. Foam Concepts Nigeria is listed as a regional player. Emerging players are Aile d'Or Industries and Kingdom Beds & Furniture.

Does Vitafoam Nigeria have an API?

No public API is recorded for Vitafoam Nigeria.

What industry is Vitafoam Nigeria in?

Vitafoam Nigeria's product category is Foam Mattresses and Bedding. Its primary akta.pro industry code is IMANAIAJ, Foam Conversion & Fabrication (Cutting, Laminating, CNC, Packaging Inserts), with a secondary code of CRAIABAA, Mattress & Bed Retail (Innerspring, Foam, Hybrid). Its NAICS code is 337910 and its SIC code is 3086.

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Live signals
Punch NewspapersVitafoam extends academic infrastructure support to LASUEDVitafoam Nigeria Plc renovated a Chemistry laboratory at Lagos State University of Education (LASUED) in Ijanikin, Lagos State. The upgrade aims to improve practical learning and align with the company's CSR commitment to education. The Vice-Chancellor urged other corporations to support academic infrastructure.ThenationonlinengVitafoam renovates LASUED’s chemistry laboratoryVitafoam Nigeria Plc refurbished a chemistry laboratory at Lagos State University of Education, providing improved facilities for students. Group Managing Director Taiwo Adeniyi said the upgrade aligns with the company's CSR commitment to education. The upgraded lab is expected to enhance practical skills and deepen understanding of chemistry.Vanguard NewsHow 23 stocks beat inflationTwenty-three Nigerian Exchange stocks beat inflation in 2026, with Zichis Agro Allied leading at 365.49% YTD gain. Seven companies recorded negative return on equity, and six top gainers paid no dividends. Analysts caution that high price gains may not reflect fundamental value.Vanguard NewsHow 24 firms control over 70% of Nigeria’s stock marketTwenty-four companies on the Nigerian Exchange hold 74.8% of the market capitalisation, with a combined value of N117.01 trillion. The NGX's total market value rose 57.5% year-to-date to N156.517 trillion, driven largely by large-cap stocks. Analysts warn that such concentration means movements in these firms can disproportionately affect the overall index.NairametricsBanking stocks lift Nigerian market by N288 billion despite broad selloffThe Nigerian equities market opened the new week on a bullish note on Monday, August 3, 2026, adding N288.44 billion in market capitalization as gains in banking heavyweights outweighed weakness in insurance and consumer goods counters. The benchmark NGX All-Share Index rose +0.18% to close at 245,730.53 points, while market capitalization climbed to N158.61 trillion. The session's gains were anchored in banking, with ETI falling 9.95% as the biggest decliner.Punch NewspapersVitafoam strengthens customer engagement, inaugurates comfort centreVitafoam Nigeria Plc inaugurated a new Adeniyi Jones Comfort Centre in Lagos, replacing its former outlet near Adeniyi Jones traffic light with a larger and more modern interactive showroom. The Group Managing Director, Mr Taiwo Adeniyi, described the Comfort Centre concept as a key component of the company's growth strategy, designed to strengthen the franchise network and bring the Vitafoam experience closer to customers. The company stated that such centres have continued to improve customer confidence, enhance patronage, and contribute positively to revenue growth by creating a more engaging retail experience.NairametricsMTNN, Livestock, Vitafoam lift equities market as investors gain N99.15 billionThe Nigerian equities market gained N99.15 billion on Wednesday, with the All-Share Index rising 0.06% to 244,852.21 points. Market capitalization increased to N157.04 trillion, though 36 losers outpaced 30 gainers. The fourth consecutive positive session follows a June correction.NairametricsVitafoam shareholders approve N3.75 billion dividend payoutShareholders of Vitafoam Nigeria Plc approved a N3.75 billion dividend payout and a 1-for-5 bonus share issue at the company's 64th Annual General Meeting held in Lagos, with the share capital increasing from N625.42 million to N750.1 million. The approval follows strong 2025 financial results showing revenue of N111.3 billion and pretax profit of N21.4 billion, up from N82.6 billion and N1.14 billion respectively in 2024. The company's stock delivered a 300% year-to-date return in 2025, ranking 10th among best-performing Nigerian stocks, with market capitalization rising from N142.9 billion to N171.5 billion.NairametricsVitafoam Plc to increase share capital to N750.5 millionVitafoam Nigeria Plc is seeking shareholder approval at its 64th Annual General Meeting in March 2026 to increase its issued share capital from N625.4 million to N750.5 million through the creation of 250.17 million new ordinary shares. The company is simultaneously proposing a 1-for-5 bonus issue funded by capitalising N125.08 million from retained earnings, rewarding existing shareholders without raising fresh capital. The capital restructuring follows a strong financial turnaround in FY2025, where profit after tax surged 1,427% to N14.54 billion and revenue rose 35% to N111.38 billion.NairametricsNGX Consumer Goods Index beats all indices, ASI in 2025The NGX Consumer Goods Index was the best-performing sectoral index on the Nigerian Exchange in 2025, delivering a 129.57% full-year return that more than doubled the NGX All-Share Index gain of 51.19%, rising from 1,731.67 points to 3,975.48 points. The broad-based rally was led by Guinness Nigeria (+398.08%), Vitafoam (+300.00%), Champion Breweries (+267.45%), Honeywell Flour (+247.62%), and NASCON (+242.90%), while large-cap bellwethers including Nestlé Nigeria (+123.77%), Nigerian Breweries (+135.31%), Unilever Nigeria (+118.51%), and Cadbury Nigeria (+178.60%) also posted strong gains. The 2025 sectoral performance reflects a decisive investor rotation toward real-sector companies with earnings recovery, pricing power, and balance sheet repair stories, with the Consumer Goods Index recording its strongest return in over ten years.