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UAC acquires Chivita|Hollandia

by Catherine Agbo
October 6, 2025
in Business Scene
0
UAC acquires Chivita|Hollandia
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UAC of Nigeria PLC has completed the acquisition of Chivita|Hollandia (CHI Limited), following the approval of the Federal Competition and Consumer Protection Commission (FCCPC).

Chivita|Hollandia, is a leading food and beverage company in Nigeria, producing juice and dairy brand.

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Under the acquisition, it will transition under UAC’s ownership, with both companies expressing optimism about future growth.

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The approval by the FCCPC follows a July 30, 2025 announcement of an agreement for the sale of Chivita|Hollandia (CHI Limited).

Managing Director of Chivita|Hollandia (CHI Limited), Eelco Weber, who conveyed the FCCPC’s approval said: “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.”

UAC, a major Nigerian consumer goods company with extensive manufacturing and distribution operations, officially welcomes the CHI team and brands into its portfolio.

Commenting on the development, Group Managing Director of UAC, Fola Aiyesimoju, said, “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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