Lafarge Africa Plc has officially announced that it has changed its name to HBM Nigeria Plc, marking the formal shift to its new Chinese majority owner
In a tweet on X, the cement manufacturer said, “Welcome to HBM NIGERIA! Building the future.”
The decision was approved at the company’s annual general meeting on 30 April 2026. The board was authorised to amend the company’s articles and take the steps needed to complete the name change.
The rebrand follows Holcim’s agreement in December 2024 to sell its almost 84 percent stake in Lafarge Africa to HBM in a deal valued at about $1billion. HBM is one of the world’s largest cement producers and has been expanding across Africa since the start of the 2020s.