2022 BSM Index
TOP 50 BRANDS NIGERIA® 2022
| #49 | Honeywell Group |
|---|---|
| BSM Index | 49 |
| YoY | -21 |
| CEO | Oba Otudeko |
| Year Founded (in Nigeria) | 1972 |
| Website | http://www.honeywellgroup.com/ |
| Head Office | 6B Mekunwen Road, Off Oyinkan Abayomi Drive, Ikoyi, Lagos |
| Nationality | NG |
| Customer Base | – |
| Number of Branches | – |
| Annual Turnover | – |
| Employees | 10,000 |
| Marketing Budget | – |
Honeywell Group, a foremost Nigerian conglomerate with interests that spread across vital sectors of the economy, including foods and agriculture, telecommunications and infrastructure, real estate and financial services was founded in 1972 by Dr. Oba Otudeko, who is also the group’s chairman
The brand which provides significant capital to other sectors of Nigeria’s economy including banking, telecommunications, dairy foods and logistics has operational offices across Nigeria and in the United Kingdom, employing over ten thousand (10,000) people, made up of local and expatriate staff.
The Group has also recorded a number of milestones in its almost 5 decades of operations. Some of these milestones are: listing of Honeywell Flour Mills on the Nigerian Stock Exchange in 2009 after an initial public offering (IPO) in 2008; opening of the first Radisson Blu hotel brand in Nigeria in 2011 (the Radisson Blu Anchorage Hotel in Victoria Island), and the launch of the first trampoline park in West Africa, called Upbeat Recreation Centre, Lekki Lagos
It has consistently contributed to human and economic development through a number of initiatives. The Honeywell Baking School programme, which is a vocational training programme in Baking Technology and second to none. The Honeywell Excellence Programme (HEP), a platform for young, intelligent Nigerian graduates of tertiary institutions to hone their business management skills by providing them with a comprehensive and robust training in business management principles.
Honeywell started as a trading enterprise. Initially, the company majored in importation and marketing of commodities between the North and South of Nigeria and later across the West African sub-region, especially Ghana. It traded baking yeast, stock fish, glass, steel rods and other commodities. The Group has since evolved into a leading Nigerian conglomerate
What Honeywell has become today is the culmination of almost half a century visionary leadership, hard work and dedication from many skilled and ambitious men and women, aligned in the purpose-driven cause to make our world better through enterprise.
