A new chapter has begun for Lafarge Africa Plc as the company unveiled its new corporate identity and name—HBM Nigeria Plc. The transition marks a significant milestone in the company’s transformation journey and strategic alignment with its new shareholder structure.
The change to HBM Nigeria Plc reflects the company’s continued evolution as one of Nigeria’s foremost building solutions providers, combining strong local roots with enhanced global industrial collaboration. The company reaffirmed that the name change will not affect its operations, workforce, customers, shareholders, or its unwavering commitment to Nigeria’s economic growth and infrastructure development.
It is will be recalled that Huaxin, a Chinese company founded in 1907, a major international building-materials company acquired the controlling stake in Holcim, a company which held controlling share in Lafarge Africa recently.
Lolu Alade-Akinyemi,Group Managing Director/Chief Executive Officer told his stakeholders in Lagos that the new identity signals a forward-looking phase for the company, driven by operational excellence, innovation, sustainability, and long-term value creation.
“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. 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,” Alade-Akinyemi said.
He explained that the transition to HBM Nigeria Plc will be implemented through a structured, phased process across the company’s nationwide operations.
In his remarks, the Chairman of HBM Nigeria Plc, Gbenga Oyebode, said the transition is designed to position the company for enduring success while remaining true to the values and principles that have shaped its legacy over the decades.
Also speaking at the event, the Minister of Works, David Umahi, commended HBM Nigeria Plc (formerly Lafarge Africa Plc) for its significant contributions to Nigeria’s infrastructure development by delivering landmark projects across the country.
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