The Cola-Cola Company has formerly completed the acquisition of Chi Limited.
In a statement on Wednesday, Coca-Cola announced that it has extended its minority investment in the company to full ownership.
There have been a prolong deliberations and discussions, which started last December, but amalgamated to a formal acquisition this month.
Chi Limited, incorporated in 1980, is a fast-moving consumer goods company that provides consumer products in the dairy, beverages and snacks sectors. The company’s headquarter is in Lagos, Nigeria.
More to follow…