The Federal Competition and Consumer Protection Commission (FCCPC) has approved the sale of Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC), and the transaction has now been closed.
This was announced today by The Coca-Cola Company.
This follows the July 30, 2025 announcement of an agreement for the sale of Chivita|Hollandia (CHI Limited), a leading Nigerian food and beverage company with market-leading brands in value-added dairy and juice.
“We are pleased to have received regulatory approval for this transaction,” said Eelco Weber, Managing Director of Chivita|Hollandia (CHI Limited). “We look forward to a smooth transition and to seeing Chivita|Hollandia (CHI Limited) thrive under UAC’s ownership.”
Fola Aiyesimoju, group managing director of UAC, commented: “We are excited to officially welcome the Chivita|Hollandia (CHI Limited) team and brands into the UAC family, and we are eager to work together to build on their strong legacy and market leadership.”
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UAC is a holding company focused on domestic manufacturing, marketing, and distribution of leading consumer brands in Africa.The company operates nine manufacturing facilities and several logistics and distribution hubs across Nigeria, with 5,000 employees.
