UAC of Nigeria Plc has announced its strategic acquisition of CHI Limited from Coca-Cola, a move that has positively influenced its stock performance and market position in Nigeria's growing food and beverage industry.

Information on the Target

UAC of Nigeria Plc (UACN) is a prominent player in Nigeria’s food and beverage sector, recently gaining significant attention in the market. In December 2025, UACN’s stock price surged 22.69%, marking an impressive quarter-to-date gain of over 44%, with shares trading above N96.

This rally follows a robust performance in November when the stock rose 18.65%, reversing a three-month decline that had started in August. The strong market movement is attributed to UACN's strategic acquisition of CHI Limited from Coca-Cola, which includes popular beverage brands like Chivita and Hollandia.

Industry Overview in Nigeria

The Nigerian food and beverage industry has shown remarkable resilience and growth potential, driven by rising consumer demand and urbanization. The sector encompasses various segments, includi