FCCPC Approves UAC of Nigeria’s Acquisition of Chivita, Hollandia

Nume Ekeghe

The Coca-Cola Company todayannounced that 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 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.

Managing Director of Chivita|Hollandia (CHI Limited), Eelco Weber 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.”

Group Managing Director of UAC, Fola Aiyesimoju, added: “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.”