Ultimus Holdings plan $400m investment
Ultimus Holdings plan $400m investment

Ultimus Holdings plan $400m investment
Despite downturns in the economy, a Pan-African investment company, Ultimus Holdings has expanded its luxury-fitting portfolio with the launching of The Classroom in Lagos.

The firm also plans to invest about $400million in Nigeria within the next 10 years and spread its footprints to African countries. 

President and Chief Executive Officer (CEO) of Ultimus Holdings, Dr. Ifeanyi Odii, disclosed this at the launch of The Classroom, a luxury fittings showroom meant to provide elegant and classy fittings in the real estate sector.

Dr. Odii noted that the decision to open the fittings showroom is driven by the passion to transform ordinary spaces into extraordinary spaces. 

He explained that ‘The Classroom’ offers a mix of fittings solutions, which are developed in partnership with global brands, to create an appealing balance of lifestyle products. 

“Everyone belongs to a class; some take it notches further and prefer it classier. For them, it’s all about elegance.

“It’s all about taking their space on endless rides of experiences by defining lighting as a mood of stylish glamour or turning their walls into a canvass of self-expression or transforming their kitchen into a culinary arena and their bathroom, a monument to every eye,” Odii said.

In his remarks, the company’s Vice President, Mr. David Ewemie, explained that the outlet offers a top-end solution in interior design that provides an experience, which comes with glamour and grandeur. 

“Having a place to shop for a range of quality fittings is the very essence of what makes us tick. We provide customers with durable products that reflect their personality,” he added. 

Ewemie disclosed that the company has built a strong partnership with brands such as Adell, Metsan lightning, Dr SMART, Ahsapsan, Kale, and Avonni in different areas of interior decoration and design that meets the expectation of its customers or clients.

Lagos State Commissioner for Physical Planning, Dr. Idris Salako, who was the guest of honour, expressed satisfaction with the investment and pledged government support for genuine investors.

The company’s Assistant General Manager, Mr. Nnamdi Azike, stated that the company boasts of a robust product portfolio that cut across the architectural coating, bathroom fittings, kitchen cabinet, and appliances as well as lighting, wardrobe and doors and tiles.  

Azike stated that the style of furniture and fittings provided by the company have evolved over the years to meet modern living (contemporary and classic).

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