UAC of Nigeria just made a big move in Nigeria’s food and beverage scene. On July 30, 2025, the company announced it had entered into an agreement to acquire Chi Limited, the makers of household names like Chivita and Hollandia, from The Coca-Cola Company.
This means some of Nigeria’s most popular drinks and snacks, including Chivita juice, Capri-Sun, and Hollandia yoghurt, are coming under local ownership again. The deal is still subject to regulatory approval, but it already marks one of the most interesting shifts in Nigeria’s fast-moving consumer goods (FMCG) sector this year.
Meanwhile, Coca-Cola says this move is part of a shift toward a more flexible, asset-light model. While it’s letting go of Chi Limited, the company still plans to invest $1 billion in Nigeria over the next five years, so this doesn’t mean it’s leaving the country. Just changing its approach.
Quick Flashback: Coca-Cola’s Original Entry
Coca-Cola didn’t always own Chi Limited. In 2016, the company purchased a 40% minority stake in Chi from Tropical General Investments Group, betting big on Nigeria’s growing appetite for fruit juice, dairy, and non-carbonated beverages. At the time, Chi was already a local powerhouse, known for innovation in the juice and dairy space.
Three years later, in 2019, Coca-Cola completed the full acquisition, officially becoming the owner of Chivita, Hollandia, and other Chi brands. This was part of Coca-Cola’s strategy to diversify beyond soda by entering categories like iced tea, dairy, and juice, particularly in high-growth regions like Africa. With over 90 years of presence on the continent, the move signalled Coca-Cola’s long-term plans to adapt to changing consumer preferences.
But in 2025, that ownership cycle has come full circle with Coca-Cola now selling Chi Limited to UAC, a Nigerian company with its own deep history in the FMCG sector.
Read Also: How Much Sugar is in Popular Nigerian Soft Drinks?
What Products Are Now Owned By UAC?
If your child’s lunchbox ever included a Chivita Happy Hour or you’ve grabbed a cold Hollandia yoghurt from roadside sellers on a hot day, this news affects you. UAC’s acquisition of Chi Limited now puts the following products fully under local ownership:
Chivita 100% (Apple, Orange, Pineapple, Red Grape).
Shop at The Drink Shop.
Price: ₦3,000 (1 Ltr)
Chivita Active (Citrus, Mixed Fruit)
Shop at PricePally
Price: ₦18,699 (1 Carton)
Chivita Exotic (Pineapple & Coconut, Multifruita)
Shop at Naija Liquor
Price: ₦2000 (1 Ltr)
Chivita Ice Tea (Lemon)
Get it at the 24-hour Market
Price: ₦17,500 (10 pieces)
Chivita Happy Hour
Get the carton at 247Foods
Price: ₦13,680
Chivita Smart Malt Drink
Shop at Hydramart
Price: ₦3,500 (1 carton)
Capri-Sun
Get the carton at Supermart
Price: ₦8,000
Hollandia Yoghurt (Plain, Strawberry, Vanilla, Sweetened, Lactose-Free)
Shop at Naija Liquor
Price: ₦2,000 (1 Ltr)
Hollandia Evaporated Milk
Get a carton at Mofemart
Price: ₦18,400
SuperBite Premium Beef Sausage Roll
Shop at 24-hour Market.
Price: ₦3,500 (12 pieces)
