By Ibrahim Salaudeen, Lagos
Lafarge Africa Plc has officially changed its corporate identity and name to HBM Nigeria Plc, marking a major milestone in the company’s post-acquisition transformation and strategic alignment with its parent company, China’s Huaxin Building Materials Group.
The rebranding, unveiled at a ceremony in Lagos, reflects the company’s transition to a new shareholder structure while reaffirming its commitment to Nigeria’s infrastructure development, industrialisation and long-term economic growth.
Group Managing Director and Chief Executive Officer, Lolu Alade-Akinyemi, said the new identity represents a forward-looking phase focused on operational excellence, sustainability, innovation and value creation.
“HBM Nigeria Plc represents an exciting new chapter in our journey as a leading building solutions company,” Alade-Akinyemi said, adding that the company remains committed to delivering quality cement, concrete, aggregates and innovative building solutions to support housing and infrastructure development across Nigeria.
He assured customers, shareholders, employees and other stakeholders that the name change would not disrupt business operations, noting that the transition would be implemented in phases across the company’s nationwide operations while maintaining seamless service delivery and ongoing investments.
Chairman of HBM Nigeria Plc, Gbenga Oyebode, said the new corporate identity positions the company for sustainable growth without departing from the values that have underpinned its operations over the years.
He expressed confidence that the company would continue to deliver long-term value for shareholders while strengthening stakeholder confidence.
Nigeria’s Minister of Works, David Umahi, who attended the unveiling, commended the company for its contributions to the country’s infrastructure sector, describing its products as “impeccable” and acknowledging its support for the Federal Government’s infrastructure agenda.
The event was attended by senior government officials, including the Deputy Governor of Cross River State, Peter Odey, representatives of the governors of Lagos and Ogun states, traditional rulers, board members and industry leaders.
The company said the rollout of its new branding across products, facilities and customer touchpoints will continue progressively to ensure business continuity and a seamless transition.
Formerly Lafarge Africa Plc, HBM Nigeria Plc is listed on the Nigerian Exchange and operates cement plants in Ogun, Gombe and Cross River states, alongside ready-mix concrete operations in Lagos, Abuja and Port Harcourt. The company has an installed cement production capacity of 10.5 million tonnes per annum and is now part of the Huaxin Building Materials Group, a Chinese construction materials manufacturer founded in 1907.
