Multi-Trex was registered in 1999 as a cocoa beans merchant. Leveraging on the twelve-year Cocoa commerce experience of its CEO, the company, at the outset, bought Cocoa beans from its select group of local suppliers, including cooperative union of farmers, processed and exported them to its customers that are mainly in Europe.
In 2003, the company expanded its business operation to include processing of cocoa beans into semi-finished industrial products i.e. Cocoa Butter and Cocoa Cake. Then, it exclusively hired the facility of the Nigeria’s premier cocoa processing plant, Cocoa Industries Limited (CIL), Ikeja, Lagos. The partnership arrangement with CIL afforded the company the opportunity to retrain the generality of its staff and generally prepare it for manufacturing business.