Coca-Cola Hands Over Chivita, Hollandia to UAC in Major Business Deal

Lagos, Nigeria – July 30, 2025

In a major shake-up in Nigeria’s food and beverage industry, Coca-Cola has officially sold its stakes in Chivita and Hollandia to UAC of Nigeria, one of the country’s leading consumer goods companies. This move marks a significant shift in the local beverage market and could impact everything from juice prices to local production.

Chivita and Hollandia, known for their popular fruit juices, dairy products, and flavored drinks, were previously operated under Coca-Cola’s stable after it acquired full ownership of Chi Limited in recent years. But in a surprise move, Coca-Cola has agreed to transfer ownership to UAC, signaling a strategic change in its business focus in Nigeria and across Africa.

Industry insiders suggest Coca-Cola may be streamlining its business to focus more on its core global products — like Coca-Cola, Fanta, and Sprite — while stepping back from sectors where competition and local challenges are high.

“Coca-Cola may be choosing to focus on what it does best globally,” said business analyst Chinyere Ogbonna. “Juice and dairy are competitive, local-heavy sectors. By handing these brands to UAC, a company with deeper Nigerian roots, both the brands and the local economy might benefit.”

For everyday consumers, this change could mean more localized production, better distribution, and possibly more competitive prices. UAC already has a strong presence in Nigeria’s consumer market and may be better positioned to respond to local needs and tastes.

UAC has promised to maintain the quality of the Chivita and Hollandia brands while investing more in local job creation and supply chains.

The sale of Chivita and Hollandia to UAC marks a big change in Nigeria’s beverage scene. While Coca-Cola steps back, UAC steps in — and that could mean more local focus, better products, and stronger economic impact for Nigerian consumers and workers.