Stanbic IBTC powers UAC’s landmark takeover of CHI Limited

By Fodilat Abdullateef

Stanbic IBTC Holdings PLC has thrown its fiscal value down UAC of Nigeria PLC successful the palmy acquisition of a 100 per cent equity involvement successful CHI Limited, 1 of Nigeria’s biggest players successful the nutrient and beverage sector.

The landmark deal, completed connected October 3, 2025, is seen arsenic a large shake-up successful the country’s fast-moving user goods (FMCG) market, strengthening UAC’s presumption successful the juice, dairy and snacks segment.

Acting arsenic Mandated Lead Arranger and Global Coordinator, Stanbic IBTC provided an end-to-end concern banking solution, structuring a multi-product financing bundle tailored to UAC’s strategical goals. The slope besides deployed its Global Markets and Escrow services to negociate overseas speech risks and colony flows, leveraging the broader Standard Bank Group platform.

“This acquisition represents a transformative measurement for UAC arsenic we grow our beingness successful the FMCG sector,” said Funke Ijaiya-Oladipo, Group Finance Director of UAC.

Chief Executive of Stanbic IBTC Capital Limited, Oladele Sotubo, noted that the transaction underscores the bank’s capableness to present integrated financing solutions that thrust concern maturation and economical development.

CHI Limited, the shaper of fashionable household brands specified arsenic Hollandia and Chivita, brings a beardown organisation web and proprietary exertion to the UAC fold.

The station Stanbic IBTC powers UAC’s landmark takeover of CHI Limited appeared archetypal connected Vanguard News.