beeswax, rubber, shea nut, castor seed, piassava, kapok, coffee, copra and gum. The revenue from the sale of agricultural produce was used to import various goods for sale in the Nigerian market. The firm's trade in consumer goods such as shirts, shoes, electrical appliances and mechanical equipment involved importation from various countries of the world, a process overseen by its parent company. Many goods distributed by the company were sold by middlemen or associate companies such as Kingsway Stores. The firm also managed transportation of bulk palm oil at buying points and storage at various ports in the country for onward distribution to foreign markets. The firm had a fleet of river crafts operating within the internal water ways of the country, an operation that was managed out of UAC's office at Burutu. In addition, the firm helped to introduce new machinery for many pioneer oil mills in Eastern Nigeria. Restructuring period The company, whose name was changed to United Africa Company Ltd in 1943, retained the name until 1955 when it became The United Africa Company of Nigeria Ltd and started acquiring, over a period of five years, a large part of the business of UAC International. In 1960 C.W.A. Holdings Ltd, England also a subsidiary of Unilever, acquired the interest of UAC International in the company. Further re-organisation concluded in 1973 and resulted in the acquisition of a number of wholly owned fellow subsidiaries of C.W.A. Holdings. In 1968, Niger House, the new head office of UACN was completed. The 12 storey building was built by Taylor Woodrow and has adjacent structures including an 8-storey building at the rear. Following re-organisation, the company conducted the acquired businesses as operating divisions, which are now in voluntary liquidation. The company took the name UAC of Nigeria Ltd in 1973. In compliance with the Nigerian Enterprises Promotion Act 1972, 40 percent of the company's share capital was acquired in 1974 by Nigerian citizens and associations and in accordance with the provisions of the Nigerian Enterprises Promotion Act 1977, an additional 20 percent of the UAC's share capital was publicly offered in 1977, increasing Nigerian equity participation to 60 percent. The name UACN Plc was adopted in 1991. Historical divisions From 1973 onwards, UACN managed many of the Nigerian assets of its parent company. At a point in time, the company managed 22 divisions and subsidiaries. Kingsway stores Kingsway Stores was a