Yes, HGL is the holding company formerly known as Honeywell Group. The name was updated to better reflect the company's evolved identity and scope of operations.

HGL was founded by Oba Otudeko, a visionary entrepreneur who built the group into one of Nigeria's leading diversified conglomerates over five decades.

HGL is led by a team of experienced professionals committed to sustainable growth and long-term value creation across all portfolio companies.

Our portfolio spans two pillars. Our Operating Businesses cover energy, infrastructure, real estate and hospitality, mineral resources and financial services, and include HOGL Energy, Broadview Engineering, Pivot GIS, Rosetti Pivot, Shoreline Logistics, Uraga Real Estate (which operates the Radisson Blu Anchorage Hotel and Upbeat Recreation Centre), Primrose Metals & Mining, and HGL Capital. Our Portfolio Investments comprise listed equity across financial services, telecommunications, oil and gas and industrials.

No. HGL completed the sale of its stake in Honeywell Flour Mills to Flour Mills of Nigeria in 2022. The group has since refocused on its active portfolio of businesses.