Artee Group

What Artee Group does

Artee Industries Limited, operating as Artee Group, is a privately held Nigerian conglomerate founded in 1988 and headquartered at 58 Town Planning Way, Ilupeju, Lagos. The group operates across 10 business verticals, with its two core product lines being SPAR Nigeria, a licensed franchise of SPAR International running supermarkets and hypermarkets that sell groceries and consumer goods directly to end consumers, and a portfolio of shopping malls that provide commercial retail space to tenants and consumer shopping destinations. Beyond these core retail and real estate operations, Artee is active in manufacturing and in imports and distribution, the latter supported by an ecosystem of more than 5,000 vendors and partners.

Revenue is generated through five documented streams: SPAR retail transactions (transaction fees), shopping mall leases (subscription/recurring), manufacturing output (hardware sales), import and distribution margins (transaction fees), and commercial and residential real estate (subscription/recurring). Pricing is not publicly disclosed and varies by product and service category. The customer base consists primarily of individual consumers shopping for daily household and consumer needs at SPAR stores, with a secondary segment of retail tenants leasing space in Artee's shopping malls.

The company serves more than 3 million customers annually, employs over 2,000 people (with group-level scale commentary citing 3,000+ employees across all verticals), and markets through a direct-to-consumer physical retail motion complemented by organic social presence on X, Instagram, Facebook, and LinkedIn. Its technology stack is described as standard retail and commercial real estate infrastructure supporting multi-vertical operations; no proprietary AI, API, SDK, or MCP capabilities are documented. The group claims compliance with the Nigeria Data Protection Act 2023 (NDPA) and the Nigeria Data Protection Regulation 2019 (NDPR) for its data processing activities.

Name

Artee Group

Legal name

Artee Industries Limited

Website

https://arteegroup.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Artee Industries Limited, operating as Artee Group, is a Lagos-based Nigerian conglomerate founded in 1988 that operates SPAR supermarkets, shopping malls, manufacturing, and import and distribution businesses, serving more than 3 million consumers annually.

Ownership category

akta.pro rank

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure

Revenue model

1. Retail Operations (SPAR): Revenue from operating SPAR supermarkets and retail stores across Nigeria, selling consumer goods directly to end customers.
2. Shopping Malls: Revenue from commercial real estate operations through shopping malls, including tenant lease arrangements and mall management.
3. Manufacturing: Revenue from manufacturing operations across various business verticals.
4. Imports & Distribution: Revenue from importing and distributing goods across Nigeria.
5. Commercial & Residential Real Estate: Revenue from commercial and residential real estate operations.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Artee Group (Artee Industries Limited) operates SPAR supermarkets across Nigeria selling groceries and consumer goods directly to end consumers, and runs commercial shopping malls that lease retail space to tenants. The conglomerate also operates manufacturing and imports & distribution businesses supporting its retail and commercial real estate operations, serving over 3 million customers annually through 2,000+ employees and 5,000+ vendors and partners.

Product overview

Artee Industries Limited operates a diversified conglomerate with retail as its core business activity. The company operates primarily through two main product lines: (1) SPAR, the retail brand offering consumer goods through supermarket and hypermarket formats, and (2) Shopping Malls, the commercial real estate vertical providing retail space. Beyond these core offerings, Artee Group is active in manufacturing and imports & distribution sectors. The company employs over 2,000 people across operations, partnering with more than 5,000 vendors and serving 3 million+ customers annually.

Differentiator

Problem solved

Functional benefit

Brands

• SPAR Nigeria: Retail supermarket chain operating under the SPAR brand in Nigeria.

Products and services

• SPAR Supermarkets

Quantifiable outcome

• Serving 3M+ customers each year
• +1 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• SPAR InternationalcoreStrategic or Co-development PartnerArtee Group operates the SPAR franchise in Nigeria under license from SPAR International. SPAR is the company's core retail business vertical, representing the primary consumer-facing operation of the conglomerate. The partnership enables Artee to operate international-standard retail stores under the SPAR brand.

Scale indicators5 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Shoprite Holdings: Shoprite Holdings is Africa's largest food retailer, operating supermarkets across multiple African countries including Nigeria. It is a direct competitor to Artee's SPAR stores in the Nigerian formal retail grocery segment and a comparable in pan-African supermarket rollouts.
• SPAR Group Limited: SPAR Group Limited is the South Africa-based parent company of SPAR International, the franchisor whose license underpins Artee's SPAR Nigeria retail chain. It is the most directly comparable peer because Artee operates a franchise of the same brand; SPAR Group's African expansion playbook is the closest template for Artee's growth trajectory.
• BUA Group: BUA Group is one of Nigeria's largest privately held conglomerates with operations in food production, manufacturing, and infrastructure. It is highly comparable to Artee as a fellow diversified Nigerian industrial conglomerate serving the same domestic consumer base.
• Flour Mills of Nigeria: Flour Mills of Nigeria is a publicly listed Nigerian food and agro-allied conglomerate with manufacturing, distribution, and consumer brands. Comparable to Artee on the food manufacturing + distribution + consumer products stack within the Nigerian market.
• Pick n Pay Stores: Pick n Pay is a major South African supermarket chain that has expanded into other African markets. It is comparable to Artee's SPAR Nigeria on the basis of multi-format grocery retail, franchise/store expansion models, and competition for the modernizing African consumer.

Broad incumbents

• Olam Agri: Olam Agri is a global food and agri-business conglomerate operating across origination, processing, and distribution in Africa and emerging markets. Comparable to Artee on the integrated food value chain (manufacturing, distribution, consumer brands) within African markets.
• Massmart Holdings: Massmart is a South African retail and wholesale group (including Game, Makro, and wholesale food) and a Walmart subsidiary. Comparable to Artee as a multi-format African retailer with wholesale distribution capabilities, though operating at larger scale and with broader categories.

Emerging players

• Dantata & Sawoe: Dantata & Sawoe is a Nigerian conglomerate with operations spanning construction, real estate, and consumer goods distribution. Comparable to Artee as a fellow privately held Nigerian diversified group with overlapping real estate and consumer-facing operations.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ArteeGroup
• Facebookfacebook.com/SPAR.NG
• LinkedInlinkedin.com/company/artee-group
• Instagraminstagram.com/spar_nigeria/?hl=en

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Artee Group