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UACN to acquire CHI Limited from Coca-Cola

PRIVATESep 26, 2026

Acquiring Company

UACN Plc

Acquired Company

CHI Limited

LagosLagosInformation TechnologyManufacturingFood and BeverageAgriculture and FarmingFood Processing

Description

UACN Plc has agreed to acquire CHI Limited, the manufacturer of Chivita and Hollandia brands, from The Coca-Cola Company as part of its growth strategy. The acquisition is expected to significantly enhance UACN's revenue streams and market presence. UACN's first-half revenue saw a dramatic increase of about 231 percent following the transaction. This acquisition underscores the trend of Nigerian companies using acquisitions to improve their competitive positioning.

Company Information

Company

UACN Plc

Location

Lagos, Lagos State, Nigeria

About

UACN Plc is a Nigerian conglomerate with diverse interests in food, beverages, and real estate. It operates various business units that produce and market a range of products, including consumer goods. The company aims to drive growth through strategic acquisitions and diversification of its portfolio. UACN is committed to improving its competitive position in the market.

Fundz sees it the moment UACN Plc makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired CHI Limited?

CHI Limited was acquired by UACN Plc, based in Lagos. The deal was reported on September 26, 2026. UACN Plc is a Nigerian conglomerate with diverse interests in food, beverages, and real estate. It operates various business units that produce and market a range of products, including consumer goods. UACN Plc is privately held and operates in Information Technology.

When did UACN Plc acquire CHI Limited?

UACN Plc's acquisition of CHI Limited was reported on September 26, 2026. UACN Plc has agreed to acquire CHI Limited, the manufacturer of Chivita and Hollandia brands, from The Coca-Cola Company as part of its growth strategy. The acquisition is expected to significantly enhance UACN's revenue streams and market presence. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CHI Limited do?

CHI Limited is a prominent player in Nigeria's food and beverage industry. They are known for flagship brands like Hollandia and Chivita, leading in dairy and juice markets. It is privately held, operating in Manufacturing, and is based in Lagos.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.