UAC’s acquisition of CHI Limited’s operations in Nigeria for NGN 182.4 billion

Lead party: UAC of Nigeria PLC (lead investor/buyer)Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed). Target: CHI Limited (private company) · Sector: Consumer Staples, Non-Alcoholic Beverages · Countries of operation: Nigeria Transaction type: Merger/Acquisition(M&A), Exit · Asset class: Corporate Transactions · Strategy: Acquisition · Instrument: Equity · Deal amount: US$118.9m…


Lead party: UAC of Nigeria PLC (lead investor/buyer)

Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed).

Target: CHI Limited (private company) · Sector: Consumer Staples, Non-Alcoholic Beverages · Countries of operation: Nigeria

Transaction type: Merger/Acquisition(M&A), Exit · Asset class: Corporate Transactions · Strategy: Acquisition · Instrument: Equity · Deal amount: US$118.9m · Equity stake: 1% · Implied EV: US$118.9m

Lead investor/buyer: UAC of Nigeria PLC · Investors/buyers: UAC of Nigeria PLC · Sellers: The Coca-Cola Company

Legal advisers: not identified in the source record.

Source: announced 30 July 2025. Original announcement: uacnplc.com.