Stanbic IBTC Holdings PLC (“Stanbic IBTC”) proudly supported UAC of Nigeria PLC (“UAC”) in its landmark acquisition of CHI Limited (“CHI”), delivering end-to-end {financial} assist in direction of its profitable completion. Stanbic IBTC, in its capability as Mandated Lead Arranger and Global Coordinator, partnered carefully with UAC to construction a multi-product funding banking answer and financing bundle tailor-made to UAC’s goals in executing a posh transaction.
Beyond arranging the ability, Stanbic IBTC supplied a really complete answer, mobilising our full product suite, with our Global Markets workforce designing hedging options to handle FX threat, whereas our Escrow providers structured settlement flows aligned to the transaction’s necessities.
Crucially, by leveraging the broader Standard Bank platforms, Stanbic IBTC was in a position to mix its pan-African experience, cross-border counsel with deep native data to efficiently shut some of the vital FMCG acquisitions in Nigeria.
This assist enabled UAC to finish its acquisition of a 100% fairness stake in CHI Limited on 03 October 2025.
CHI Limited is one among Nigeria’s greatest meals and beverage firms, with a number one place within the dairy, juices, nectars, and snacks phase of the Nigerian client items phase. Its flagship manufacturers, Hollandia (milk and yoghurt) and Chivita (fruit juice) have develop into family staples, supported by a nationwide distribution community and proprietary applied sciences.
UAC of Nigeria PLC is one among Nigeria’s oldest establishments with historical past relationship way back to 1879. Today, UAC is a holding firm with pursuits organised round 4 key verticals – Edibles and Feed, Packaged Food and Beverages, Paints, and Quick Service Restaurants. They additionally personal pursuits in a number one logistics providers supplier and an actual property improvement firm. Creator of iconic manufacturers resembling Gala, Mr Bigg’s, Dulux, Grand, Supreme, UAC has formed industries and client tradition for over a century and stays an emblem of resilience, innovation, and management in Nigerian enterprise.
This acquisition permits UAC to broaden its attain within the FMCG sector, accelerating entry into new product classes whereas consolidating its management place. Through the acquisition, UAC good points speedy entry to CHI’s established distribution community, proprietary applied sciences, and a portfolio of dominant family manufacturers in juice, dairy, and snacks. CHI’s robust model fairness, notably within the dairy and fruit juice segments, compliments UAC’s ambition of constructing a robust platform for progress and enhanced market penetration.
Speaking on the acquisition, Funke Ijaiya-Oladipo, Group Finance Director of UAC, acknowledged: “This acquisition represents a transformative step for UAC as we expand our presence in the FMCG sector. Stanbic IBTC’s ability to provide an integrated, end-to-end financing solution, backed by the wider Standard Bank Group, was instrumental in helping us achieve this milestone through a flawless execution that gave us confidence throughout the process.”
“This transaction underscores our ability to deliver integrated solutions across advisory, structuring and execution. We are proud to have partnered with UAC on a transformative acquisition that not only advances their growth ambitions but also contributes to Nigeria’s economic development.” Oladele Sotubo, Chief Executive of Stanbic IBTC Capital Limited, remarked.
