Our History

The Honeywell Group today is the culmination of almost half a century of visionary leadership, hard work and dedication aligned in the purpose driven cause to make our world better through enterprise.

The Honeywell Group was founded in

1972

Founded in 1972, Honeywell Group began as a food trading company servicing the West African region before pivoting to importing a variety of goods including dairy products, stock fish, glass, and steel rods for the domestic Nigerian market.

We have evolved to become an investment company, proud to be participating in major sectors of the Nigerian economy including foods, financial services, telecommunications, real estate, leisure and hospitality, energy, infrastructure, and security management.

Our journey so far

1972
1972

Let’s Trade

Honeywell Enterprises is launched to formalize the West African trading activities of the Group founder. Interests include baking yeast, milk, stockfish, glass and steel rods from Holland, Norway, Czechoslovakia and Brazil.
1980
1980

Diversification Drive

Various companies are set up including, Poly Ventures Limited; a company making polypropylene sacks and bags and Coral Products, which produced crockery. The Group also expands its trading operations by exporting cocoa.
1985
1985

Opening New Gateways

In partnership with the Ogun State government, Gateway Honeywell Flour Mills is established.
1988
1988

Building Blocks

Multiple subsidiaries, including Honeywell Fisheries Limited, Honeywell Construction Limited (later renamed Skyview Estates Limited) and Pivot Engineering Company, a full-service Engineering, Procurement and Construction (EPC) company, are launched.
1991
1991

Taking on Security

Pavilion Technology, a technological and electronically-based security solutions company, is formed.
1993
1993

On the Move

The Head Office relocates from Molete, Ibadan to Victoria Island, Lagos
1995
1995

Finding our Milling Identity

Flour milling company changes name to Honeywell Flour Mills Limited
1995
1995

Fueling Business Growth

Honeywell Oil & Gas Limited (now HOGL Energy) is established to harness business opportunities in the downstream oil sector.
1997
1997

Filling Up the Tank

HOGL consolidates downstream presence by building 23,000 metric tonne tank farm in Apapa, Lagos
1998
1998

Increasing Milling Capacity

Honeywell Flour Mills commences full operations with a 200MT/day milling plant in Apapa, Lagos
1999
1999

Oil & Gas Solutions Provider

Broadview Engineering is founded to provide engineering design and construction solutions within the oil and gas and power industries.
2001
2001

Leading the Telecoms Revolution

Part of bidding consortium that wins bid to launch Econet Wireless (now Airtel), the first GSM operator to go live in Nigeria. Our Founder, Oba Otudeko is appointed Chairman of the Board
2003
2003

Connecting the Nation

Pivot Engineering Limited completes Project OAY (Owerri – Ahoada – Yenagoa), connecting Bayelsa State to the National Grid for the first time ever.
2004
2004

Forging Strategic Partnerships

Pivot GIS is launched as a joint venture between Pivot Engineering Company Limited (PECL) and GIS Inc an onshore construction, offshore maintenance and brownfield activities company based in the Gulf of Mexico region in the USA..
2004
2004

Promoting Wireless Telephony

Telecgsm Limited launches as a distributor of major mobile phone brands
2007
2007

Taking the Lead in Cell Phone Distribution

Telecgsm becomes the largest distributor of mobile phones in West Africa
2008
2008

Building Blocks

Uraga Real Estate, a company with expertise in the residential, commercial and hospitality sector, is launched to consolidate the real estate activities of the Group.
2009
2009

Going Public

Honeywell Flour Mills becomes first Honeywell Group company to be listed on the Nigerian Stock Exchange
2009
2009

Bringing it Home

PECL acquires the equity shares of GIS Inc. in PGIS, thus making Pivot GIS a 100% Nigerian indigenous EPCM contractor in the oil and gas services industry.
2010
2010

The Transnational Loop

Broadview Engineering supplies the line pipes for the Trans-Niger Pipeline Loop Project (TNP) loop-line to transport around 180,000 barrels per day (BPD) of crude oil from Nigeria to Algeria.
2011
2011

Five Star Hospitality

Radisson Blu Anchorage, a 170-room 5 Star Hotel on Victoria Island, Lagos is established with Rezidor International, owners of the Radisson Brand, as operator. it is the first Radisson Hotel in West Africa.
2013
2013

Making the Call to Exit

The Group divests from telecoms investment through sale of holdings in Airtel Nigeria to Bharti Airtel
2014
2014

A Major Pivot for Growth

Pivot GIS commences operations and maintenance of Nigeria’s Liquefied Natural Gas (NLNG) plant on Bonny Island; the largest maintenance contract handled by an indigenous company in Nigeria.
2014
2014

The Italian Connection

Launch of Rossetti Pivot, a Joint venture with Rosetti Marino Spa of Italy for design, fabrication, manufacture and supply of platforms and systems for the oil & gas industry
2016
2016

Facilitating Services in Oil & Gas

Broadview Engineering acquires controlling stake in Shoreline Logistics Nigeria Limited, a company providing facility leasing services, marine & air logistics support services and port operation services to the oil and gas sector.
2016
2016

Powering Up the Land

Launching with over 37MW capacity through the hiving off of the Group’s power assets, Uraga Power Solutions is set up to provide high-quality energy solutions to industrial, commercial and residential users.
2017
2017

Upping The Fun

Uraga Real Estate launches West Africa’s first trampoline park in Lagos - Upbeat Recreation Centre.
2018
2018

Empowering the Tech Ecosystem

Launch of Itanna, the Group’s venture capital platform investing in technology
2022
2022

Leaving an Impactful Legacy

Honeywell Group sells stake in Honeywell Flour Mills