Yinka Folawiyo & Sons Ltd, the group’s parent company was established in 1957, primarily as an import/export company and manufacturers’ representative. It later diversified into construction and property development. As a result of a strategically planned diversification program, Yinka Folawiyo & Sons Ltd is now the holding company for several independent business outfits with vast interests in the shipping, agricultural, fishing, banking, insurance, petroleum and energy sectors.