UAC Acquires CHI Limited: Boosting Presence in Nigerian FMCG Sector
The Federal Competition Consumer Protection Commission (FCCPC) has sealed the acquisition of CHI Limited, known for Chivita juice and Hollandia dairy brand, by UAC. The transaction, disclosed on July 30, 2025, marks a significant move in the Nigerian food and beverage sector.
UAC's Managing Director expressed optimism about the future under UAC ownership, with regulatory approval received for the acquisition. The Group Managing Director of UAC highlighted the strategic importance of the deal in strengthening UAC's position in the consumer goods sector.
The acquisition is expected to expand UAC's footprint in the growing juice and dairy market in Nigeria. This acquisition represents a milestone for UAC in enhancing its presence in the FMCG sector.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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