The Federal Competition and Consumer Protection Commission (FCCPC) have officially approved the sale of Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC), and the transaction has now been closed.
This was disclosed by The Coca-Cola Company on Friday October 3, 2025, thereby bringing to a close the transaction made earlier in the year.
On July 30, 2025, both companies made the announcement of an agreement for the sale of Chivita|Hollandia (CHI Limited), by The Coca-Cola Company to UAC.
“We are pleased to have received regulatory approval for this transaction. We look forward to a smooth transition and to seeing Chivita|Hollandia (CHI Limited) thrive under UAC’s ownership,” Eelco Weber, managing director, Chivita|Hollandia (CHI Limited), said in a statement.
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UAC operates nine manufacturing facilities and several logistics and distribution hubs across Nigeria, with 5,000 employees
“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,” Fola Aiyesimoju, the group managing director, UAC, stated.
According to both organisations, the investment underscores the importance of Africa as a long-term growth opportunity for the Coca-Cola system, which also presents a significant potential to build on the Chivita|Hollandia’s legacy of excellence and innovation.
