Honeywell Group Limited Wins Business Excellence Award

Honeywell Group Limited (HGL) won the Generational Excellence in Business Award at the 2026 Family Business Leadership Awards, acknowledging its successful transition across three generations and sustained growth. The award was presented on October 15 at the Mike Adenuga Centre in Ikoyi, Lagos, during the Family Business Summit organized by BusinessDay in partnership with PwC Nigeria.

HGL, established in 1972, has transformed from a trading business into a Nigerian investment holding company with interests in flour milling, real estate, financial services, and infrastructure. Foluke Oyeleye, Non-Executive Director, and Tomi Otudeko, Chief Operating Officer, accepted the award on behalf of the Group.

Otudeko traced the business's roots to her grandmother and highlighted the formalization efforts by her father. Oyeleye dedicated the award to her parents and acknowledged the contributions of HGL’s employees and her siblings, particularly Managing Director Obafemi Otudeko.

At the summit, Otudeko participated in a discussion on building a lasting reputation beyond family legacy.