Lafarge Unveils New Corporate Identity, Changes Name to HBM Nigeria Plc

Lafarge Africa Plc has embarked on a new chapter, officially rebranding as HBM Nigeria Plc. This significant transformation underscores the company's evolution as a premier building solutions provider, integrating its strong Nigerian foundation with enhanced global industrial partnerships following a change in its shareholder structure.

The transition to HBM Nigeria Plc signifies a forward-looking phase, driven by a commitment to operational excellence, innovation, and sustainability. The company emphasizes that this rebranding will not disrupt its existing operations, workforce, customer relations, or shareholder interests. Instead, it aims to reinforce its dedication to Nigeria's economic development and infrastructure advancement.

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

"HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company," stated Group Managing Director/Chief Executive Officer Lolu Alade-Akinyemi. "While our corporate identity is evolving, our commitment to Nigeria remains unwavering. We remain focused on delivering quality cement, concrete, aggregates, and innovative building solutions that support infrastructure development, housing growth, and industrialisation."

Alade-Akinyemi further explained that the phased implementation across its nationwide operations is designed for seamless business continuity. Chairman Gbenga Oyebode expressed the Board's confidence, highlighting the transition's role in positioning the company for enduring success while upholding its established values. The Minister of Works, David Umahi, acknowledged HBM Nigeria Plc's substantial contributions to Nigeria's infrastructure development.

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I would like to express my sincere appreciation to our shareholders for their continued trust, to the Board and Management for their leadership, and to our employees whose dedication and commitment continue to drive the company forward. We are confident that HBM Nigeria Plc will continue to create sustainable value for shareholders, strengthen stakeholder trust, and deliver on its long-term ambitions