Chief Akindele’s business mogul Modandola Group Of Companies, the Madandola Group into maritime to properties, manufacturing, real estate, investments, finance, and flour milling with its headquarters in the United Kingdom.
The Fairgate Group, deals mainly in properties. Some of its tenants include giant retail stores such as Sainsbury and Asda supermarkets. As at the last quantification, the Fairgate Group was said to be worth over £1billion.
Among the subsidiaries of the Madandola Group Standard Breweries, Ibadan, Diamond Foods Ltd, Ibadan, United Beverages Ltd, Ibadan, Associated Match Industry, Ibadan, merged with Ilorin, Port-Harcourt and Lagos to form a company with a large share of the Nigerian market and Standard Flour Mills in Lagos.