ANAMMCO was conceived by the Federal Government of Nigeria (FGN) under the Second National Development Plan (1970 – 1975). The Company was incorporated on January 17, 1977, and the Foundation Stone laying ceremony for the factory was performed on May 12, 1978. The factory was commissioned on July 8, 1980 by the first executive President of Nigeria, Alhaji Shehu Shagari. Commercial production of trucks commenced in January, 1981.
The incorporation of ANAMMCO was the fulfilment a joint venture agreement entered between FGN and Daimler AG, who became the pioneer technical partner and co-shareholder. Today, Daimler has fully divested its shareholding, while FGN retains significant shareholding. Controlling equity is held by GUO and Sons Limited, a holding company with interests spanning public transportation, logistics, courier, real estate, merchandise, manufacturing, hospitality and philanthropy in the areasof education and health.