The Honeywell Group was founded in 1972. The Group initially began operations as a trading concern. Today, the Group is a diversified enterprise with businesses across major sectors of the Nigeria economy: foods and agro-allied businesses, real estate, infrastructure, energy and services. The Group is also a significant provider of capital to other sectors of Nigeria's economy, including financial services, telecommunications and security management. Operating from offices in Nigeria and the United Kingdom, the group employs more than 5,000 staff.