Recently, Honeywell launched an accelerator programme called Itanna. HEP is 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, over a-12 month period. Honeywell Group also runs the Honeywell Excellence Programme (HEP). The programme offers participants skills on modern and more efficient baking methods that will ensure better baked products. It has the Honeywell Baking School programme, which is a vocational training programme in Baking Technology. Honeywell contributes to human and economic development through a number of initiatives. Pavilion Technology Limited is the Group's operating company in the Service sector. Uraga Real Estates Limited (a property development company) and Anchorage Leisures Limited (a tourism and hospitality promotion outfit) make up the Real Estate sector of the Group. The Honeywell Group with its energy aspect of business partnered with General Electric (GE) in 2013 to boost power generation in Nigeria. In the Energy sector, the Group’s interests include HOGL Energy Limited (an operator in the downstream sector of the oil industry that incorporated in 1995 ) Hudson Petroleum Limited (representing the upstream oil activities of the Group) Hudson Power Limited (a power generation and distribution company) and Honeywell Energy Resources International Ltd (energy provider). Under Infrastructure, there are Pivot Engineering Company Limited (an electrical and mechanical engineering contracting firm) and Broadview Engineering Ltd (an EPC contracting company in oil and gas). The Foods & Agro Allied subsidiary is Honeywell Flour Mills Plc (flour-based consumer products) which is listed under the Nigerian Stock Exchange. The Group is divided into five main sectors namely, Foods & Agro Allied, Infrastructure, Energy, Real Estate and Services. In 2021, Flour Mills of Nigeria acquired 71.6% of Honeywell Flour Mills. ĭuring the Centenary anniversary of Nigeria in 2014, the Federal Government recognised the Honeywell Group among the top 100 companies in the country. 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 launch of the first trampoline park in West Africa, called Upbeat Recreation Centre, Lekki Lagos. Honeywell Group has also recorded a number of milestones in its almost five decades of operations. It produces flour-based products including baking flour, ball foods, noodles and pasta. The company later changed its name to Honeywell Flour Mills Plc. Gateway Honeywell Flour mills, a food processing company, was registered in 1985.
The Group has since evolved into a leading Nigerian conglomerate employing over 5000 staff. The company traded baking yeast, stock fish, glass, steel rods and other commodities. 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. Oba Oteudeko started Honeywell Group as a trading enterprise in 1972. Pivot Engineering Company Limited (PECL).The Group is diversified along the lines of foods and agro-allied, real estate, infrastructure, energy and services.
Honeywell operates across five main sectors.
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