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Feb. 1944 Automotive Battery Factory established
Mar. 1980 Introduced the first MF battery in Korea
Nov. 1994 ISO 9001 certified
Jan. 1998 ISO 14001 certified
May. 1999 QS 9000 certified
Jan. 2004 ISO/TS 16949 certified
Jan. 2004 Launched Deep Cycle MF Series, branded EXRIDER
Sep. 2005 Launched highly advanced product AGM battery, branded ABX AGM
Jan. 2006 Launched Silver-Tin-Calcium Alloy MF Battery, branded DUPEX
Nov. 2007 US $200 Million Export prize awarded by Korean Government
Nigeria Agent History
Jan. 1995 LOUISCO INVESTMENT Ltd. established
Feb. 2002 MAGNUM MERCHANDISE Ltd, Import/Export Company Registered
May. 2004 Exclusive Agent Agreement of SUPER DIAMOND MF Battery
Jan. 2006 Exclusive Agent Agreement of DUPEX SILVER MF Battery
Jan. 2009 Commemoration Plaque presented to MAGNUM MERCHANDISE LTD, in grateful appreciation of successful promotion of ATLAS-BX Batteries in NIGERIA on the occasion of being awarded US $300 Millions export prize by Korean Government
Nigerian/US Company History
Magnum Merchandise Ltd is an indigenous Import/Export company that is registered with Corporate Affairs Commission, Standard Organization of Nigeria and Federal Ministry of Commerce; while Magnum Merchandise LLC was registered in Maryland , USA.
The company had been in existence since the year 2000 but was officially established with Government in 2002 as a result of an affiliation from Louisco Investment LTD, which was founded in 1995 as a local Battery charging, kick-starters/alternators repairs and Service Center. We have 10 major offices in Nigeria, employing over 50 staffs and over 1000 distributors Nationwide and the West Coast.
Presently the Company in conjunction with these partners: Docan Corporation, Korea; AtlasBX, Korea; Dongah Tire and Rubber Co., Korea; Hyundai Sung-woo, Korea; Brenntag, Holland; China JeJe, China; Just Electrical, China; Oakly Power, China, is a leading importers of Automotive, Industrial and Deep cycle Batteries, Inverters, Solar Solutions, UPS, Back-Ups, Sulphuric acid/Chemicals, Chargers, Charge Controllers, Stabilizers, IT equipments, Automotive and Mechanical Oil, Building Material, Allied Products and Accessories, Events, Tents, Rubber Tiles/Carpets, Artificial Grasses, Sports and Leisure Equipment’s, Sales and Services.
Remarkably the Company is known with the following registered Brand Names in South Korea, China, Nigeria and The West Coast.
DIAMOND, ATLAS-BX, MERCURY, MAGNUM, APOLLO, OLIVE, DUPEX, E-NEX, and AURORA.
Ike Magnus Ugo, is a graduate of University of Lagos , 42years old, hails from Ezisu in Imo State, married to Ike Olivia, also a graduate of University of Lagos, With 3 kids namely: Bryan, Kelvin and Jasmine. He is the Secretary of Importers association of Nigeria and the Chairman of Magnum Merchandise LTD/LLC, Magnum Consolidated Services LTD. He is also the Founder of Magnum Foundation, an NGO and Charitable organization focusing on the Poor, Empowering the less Privileged, Fighting Racism/Human trafficking, Hunting for Local Talents, Green Energy and Environmental sustainability.