Company profile
Yikodeen Company Limited
Yikodeen Company Limited is a Nigerian footwear manufacturing company headquartered in Lagos. Established in 2015, the company specialises in producing safety boots, combat boots, officers’ shoes, back-to-school shoes, and formal and fashion footwear. The company commenced operations with six staff members and a daily production capacity of fewer than 20 pairs of shoes. By 2025, it will have expanded its workforce to approximately 150 employees and increased its daily production capacity to over 750 pairs of footwear. Yikodeen's products adhere to international safety standards, including ISO 20345:2011, SON, CE, and EN certifications. In 2019, the company became a member of SATRA, a leading technical authority for footwear and leather goods. In January 2025, Aruwa Capital Management, a women-focused private equity firm, acquired a 25% equity stake in Yikodeen.
- Sector
- Consumer / Footwear
- Markets
- Nigeria
- Founded
- 2016
- Ownership
- Private
- Stage
- Corporate
- Capital raised
- $1.5m
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 15 Jun 2026 | Aruwa Capital Management's follow-on investment in Yikodeen Company Limited’s operations in Nigeria | Private Equity | Undisclosed | Nigeria |
Source: Partner Researchers.