UAC of Nigeria PLC (UAC), yesterday, announced that it has agreed to acquire Chivita|Hollandia (CHI Limited) from Coca-Cola Company.
Group Finance Director, UAC of Nigeria, Funke Ijaiya-Oladipo, in a statement posted on the Nigerian Exchange Limited (NGX), stated that Chivita|Hollandia remains a leading food and beverage player in Nigeria, with a portfolio across value-added dairy products, juices, nectars, still drinks, and snacks.
According to her, the Hollandia brand is the market leader in evaporated milk and drinking yoghurt, while the Chivita brand is the market leader in fruit juice.
