UAC Gets Consumer Protection Commission Approval For Chivita|Hollandia Aquisition

The Federal Competition and Consumer Protection Commission (FCCPC) has approved the merchantability of Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC.

The support officially completes 1 of Nigeria’s astir notable user goods transactions successful caller years.

UAC stated connected Friday that the transaction marks a large milestone successful its enlargement strategy wrong the fast-moving user goods (FMCG) sector. The acquisition gives UAC ownership of immoderate of Nigeria’s astir fashionable beverage and dairy brands, including Chivita foodstuff and Hollandia milk.

The support follows an earlier announcement made connected July 30, 2025, erstwhile some parties confirmed that an statement had been reached for the sale. With the regulatory process present concluded, some companies are acceptable to statesman a modulation to spot CHI Limited integrated into the UAC group.
The managing manager of Chivita|Hollandia (CHI Limited), Eelco Weber, said the squad is pleased to person secured regulatory clearance for the deal. “We look guardant to a creaseless modulation and seeing Chivita|Hollandia thrive nether UAC’s ownership,” helium said.
The radical managing manager of UAC, Fola Aiyesimoju, described the acquisition arsenic a strategical measurement for the company.
He said adding the Chivita|Hollandia marque strengthens UAC’s Nigerian user goods marketplace leadership. “We are excited to officially invited the Chivita|Hollandia squad and brands into the UAC family,” Aiyesimoju said. “We look guardant to gathering connected their beardown bequest and marketplace leadership.”

The acquisition besides marks a caller section successful the evolving ownership of CHI Limited. In 2016, Coca-Cola Company acquired a 40 per cent number involvement successful CHI Limited, aboriginal taking afloat ownership successful 2019.
The acquisition allows UAC to fortify its beingness crossed respective FMCG segments, including dairy, beverages, snacks, and packaged foods.

The institution plans to leverage its wide organisation network, retail partnerships, and manufacturing capableness to thrust caller growth.

Analysts presumption the woody arsenic portion of a increasing inclination successful Nigeria’s concern landscape. Local conglomerates are progressively reclaiming ownership of user brands erstwhile controlled by multinational corporations. By taking implicit CHI Limited, UAC restores Nigerian ownership to 1 of the country’s astir recognisable beverage brands.