Company profile
Veenocks Limited
Veenocks Limited is a Nigeria-based manufacturer of porcelain wall and floor tiles for residential and commercial construction. Veenocks produces tiles under the Veramis brand at a plant in Sagamu, Ogun State, on SACMI production lines, in marble, stone and concrete designs and in 60x120 cm, 60x60 cm and 30x60 cm formats. Veenocks reports that the tiles are tested to the ISO 10545 series of standards, with water absorption of 0.3% or less. The plant's kiln was fired on 20 October 2025, and Veenocks launched the Veramis tile collection at the West Africa Industrialisation Manufacturing & Trade Summit in March 2026. An expansion announced on 2 November 2026 is expected to raise annual production capacity from 3.3 million to 9.9 million square metres.
- Sector
- Manufacturing and industrials / Construction & Materials, Diversified Materials
- Markets
- Nigeria
- Founded
- 2020
- Ownership
- Private
- Stage
- Large Enterprise
- Capital raised
- $81.9m
- Employees
- 201-500
- Business model
- B2B, B2C Manufacturing
Products and services
Veramis Marble Series, Veramis Stone Series, Veramis Concrete Series (Base), Veramis Porcelain Floor Tiles & Veramis Porcelain Wall Tiles
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 2 Nov 2026 | Afreximbank invests USD 81.9 million in Veenocks’ porcelain tile manufacturing plant in Ogun State, Nigeria | Infrastructure & Project Finance | $81.9m | Nigeria |
Source: Partner Researchers.