Coca-Cola Company Announces Agreement for Sale of Chivita|Hollandia to UAC of Nigeria PLC
16 Articles
16 Articles
UAC Acquires Chivita And Hollandia From Coca‑Cola Group
United Africa Company (UAC) has confirmed the acquisition of the Chivita and Hollandia beverage brands from the Coca‑Cola Group, marking a pivotal expansion of its portfolio into fruit juice and dairy variants. The move, representing a significant shift in Nigeria’s consumer goods landscape, reinforces UAC’s ambition to deepen local value chains and expand its foothold [...] Source from InfoStride News
UAC of Nigeria to Acquire Chivita|Hollandia from The Coca-Cola Company - Innovation Village | Technology, Product Reviews, Business
The Coca-Cola Company has reached an agreement to sell Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC), marking a strategic move that will reshape Nigeria’s fast-moving consumer goods (FMCG) sector. The transaction, which is still subject to regulatory approval, reflects Coca-Cola’s strategy to operate a more flexible, asset-light model, focusing on beverage brands with the highest potential for scale. Chivita|Hollandia is one of Nig…
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