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DN Meyer Plc (DN MEYER) was incorporated in Nigeria in 1960 and was listed on the Nigeria Stock Exchange in 1979 under the Chemicals and Paints Sector.

The Company has been operating in various names in Nigeria since 1940 and was formerly known as Hagemeyer Nigeria Plc.

DN Meyer is a manufacturer of premium Paints, Tiles, Adhesives, Carpet tiles and Allied products. The Company has a subsidiary, DNM Construction Limited which was responsible for the construction, repairs and renovation of buildings, paints application on roads, airports and other non-core businesses of DN Meyer Plc.

 
 

In 1994, about 68% of the Company’s issued share capital was acquired by Dunlop Nigeria Plc. (Dunlop) The acquisition by Dunlop led to the change of the corporate and brand name to DN Meyer Plc and Meyer paints respectively.

The Company is currently wholly owned by Nigerians after Dunlop sold its stake in DN Meyer in 2004 to ACIMS Limited and the Nigerian public through a combination management buy out (MBO).

DN MEYER PLC is one of the most vibrant among the seven equities quoted in the Chemicals and Paints sub-sector of the Nigerian Stock Exchange and has been consistent in recording continuous growth in earnings.

In July 2003, DN Meyer Plc acquired the Flooring and Adhesives business of Dunlop Nig. Plc thereby extending the scope of its industrial operation from the production and marketing of only Paints to the production and marketing of Flooring tiles and Adhesives

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

In her 47 years of existence, DNM has the greatest opportunity to reinvent herself for breakthrough as a key player in Nigeria’s emerging economy.

A ten-year visioning process confirms that with the right growth strategy and adequate capitalization, DNM should deliver a turnover of N25 billion and PBT of 15% to her shareholders in 2016.

The Company has a huge distributive network nationwide.

 

 
 
 
 
 
 
 
 
 
 

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