DistantNews
Support us
🇳🇬 Nigeria /Economy & Trade

From Lafarge to HBM Nigeria Plc: A New Identity to Power Industrial Growth

From ThisDay · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

In-depth Sources not specified New plan
  • Lafarge Africa Plc has officially rebranded to HBM Nigeria Plc, signaling a strategic evolution under new ownership.
  • The transition reflects the company's commitment to driving industrialization and infrastructure development in Nigeria.
  • HBM Nigeria Plc aims to continue providing quality building solutions while fostering innovation and sustainability.

Lafarge Africa Plc has officially transitioned to HBM Nigeria Plc, marking a significant shift in its corporate identity. This rebranding signifies more than just a name change; it represents a strategic evolution driven by a new shareholder structure and a renewed commitment to Nigeria's industrial growth.

HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company. While our corporate identity is evolving, our commitment to Nigeria remains unwavering.

— Lolu Alade-AkinyemiGroup Managing Director and Chief Executive Officer of HBM Nigeria Plc, explaining the significance of the rebranding.

The company, long associated with cement production and iconic infrastructure projects in Nigeria, is now repositioning itself as a leading building solutions provider. Through its parent company, Huaxin Building Materials Group, HBM Nigeria Plc aims to enhance global industrial collaboration while maintaining its deep local roots and investments.

Group Managing Director and CEO Lolu Alade-Akinyemi stated that the new identity ushers in an era of operational excellence, innovation, and sustainability. "While our corporate identity is evolving, our commitment to Nigeria remains unwavering," he said. The company will continue to deliver quality cement, concrete, aggregates, and innovative building solutions to support infrastructure and housing development.

We remain focused on delivering quality cement, concrete, aggregates, and innovative building solutions that support infrastructure development, housing growth, and industrialisation.

— Lolu Alade-AkinyemiGroup Managing Director and Chief Executive Officer of HBM Nigeria Plc, outlining the company's continued mission.

The transition will be implemented in phases across its nationwide operations, with assurances of seamless business continuity for employees, customers, and shareholders. HBM Nigeria Plc anticipates sustained investments and an intensified focus on creating long-term economic and social value within the country.

This transition positions us for the future while reinforcing the values of excellence, sustainability, customer satisfaction, and responsible business practices that have defined our legacy for decades.

— Lolu Alade-AkinyemiGroup Managing Director and Chief Executive Officer of HBM Nigeria Plc, on the company's forward-looking strategy.
DistantNews Editorial

Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog