The Coca-Cola Company said the Federal Competition and Consumer Protection Commission (FCCPC) has approved the sale of Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC), and that the transaction has now been closed.

This follows the July 30, 2025, announcement of an agreement for the sale of Chivita|Hollandia (CHI Limited), a leading Nigerian food and beverage company with market-leading brands in value-added dairy and juice.

“We are pleased to have received regulatory approval for this transaction. We look forward to a smooth transition and to seeing Chivita|Hollandia (CHI Limited) thrive under UAC’s ownership,” said Managing Director of Chivita|Hollandia (CHI Limited), Eelco Weber.

Group Managing Director of UAC, commented: Fola Aiyesimoju, said: “We are excited to officially welcome the Chivita|Hollandia (CHI Limited) team and brands into the UAC family and we are eager to work together to build on their strong legacy and market leadership.”