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16 Obafemi Awolowo Way, Alausa, Ikeja, Lagos, Nigeria.

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Meyer Plc

Gold

.

1960

1960

Manufacturing

Lagos

1978

Public

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ABOUT

Meyer Plc is the manufacturer and marketer of high-quality paints, including architectural, wood, industrial, marine, and road lining paints, auto refinishes, roof coatings, and HP coatings. Incorporated on May 20, 1960, and converted to a public company in 1979, Meyer Plc is an offshoot of former Hagemeyer Nigeria Limited, the manufacturer of Sigma Paints and Cosmetics.

In 1994, Hagemeyer was bought over by Dunlop Nigeria PLC, which led to the change of both the corporate and brand names to DN MEYER PLC and MEYER PAINTS, respectively. However, in July 2003, Dunlop Nigeria PLC divested its controlling shares from DN MEYER PLC to ACIMS Limited, and DN MEYER PLC ceased to be a subsidiary of Dunlop Nigeria PLC.

About this same period, DN MEYER PLC acquired the flooring adhesives business of Dunlop PLC, thereby extending the scope of its industrial operations from the production and marketing of only paints to include floor tiles and adhesives.

In February 2010, a new set of core investors led by Citiprops Limited purchased the stake of ACIMS Limited in the company. The name was changed in August 2016 to MEYER PLC.

In the 21st century, we realise that doing more will not be enough, and being different holds the key to success. Meyer Plc is strategically positioned to revolutionise the paint industry through novel initiatives. Also, our background of Sigma International and Dunlop extractions has positioned us as a multi-product company that offers world-class quality and services.

Today, Meyer Plc has expanded into complementary and allied areas of the paint industry. Our recent heavy investment in the R&D of road lining paints has made us the preferred local supplier of road lining paints with tremendous application capacity.

Furthermore, we have a fully owned subsidiary, DNM Construction Limited, that has exhibited its project management expertise in the construction of two housing estates in Abeokuta and Abuja, within three years, whilst expanding the Meyer Painters Club with over 800 members in eight states of the country.

The company is committed to being the undisputed and dominant leader in the finishing business of the construction sector with quality and reliable products, excellent customer service, and market presence.

key figures and milestones

  • 2.4 million litres of annual production capacity
  • 4,713,834 litres produced from 2020 to 2024
  • ₦7.9billion revenue generated from 2020 to 2024
  • 2018 – Awarded ISO 9001:2015 QMS, which is a risk-based thinking approach to improve customer confidence/satisfaction and quality system processes.
  • 2011 – Awarded ISO 9001:2008 for Quality Management Systems.
  • 2011 – SON Gold Certificate on product quality.
  • 2009 – SON Gold Certificate on product quality.

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