Coca-Cola has announced it has taken full ownership of Chi, described as Africa’s leading producer of juice and value-added dairy drinks. The soft drinks giant had previously taken a 40% stake in the Nigerian firm, with provision to increase equity investment to 100% within three years. The deal “further signals Coca-Cola’s optimism about Africa’s consumer opportunity and a commitment to its long-term investment and growth plan on the continent”, Coca-Cola said in a statement. …
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CH’I
Coca-Cola, the multinational soft drinks giant, has announced that it has agreed to acquire an initial minority shareholding in Chi, a company it describes as “Nigeria’s leading value-added dairy, juices and snacks business”. The agreement creates a strategic relationship within Africa’s largest economy that together serve Nigeria’s sparkling soft drinks, juices, value-added dairy and water beverage brands, including include Hollandia and Chivita, Coca Cola added. The deal makes provision for Coca-Cola to increase …
CH’I, a manufacturer of herbal extract drinks, is releasing two new “herbal refreshers” for the summer season in New Zealand. The new CH’I Herbal Lemon is described as featuring the handcrafted extract from an ancient herbal blend with lemon juice and cane sugar in mineral water. CH’I Lemon Grass and Lime contains extract of lemongrass with lime and cane sugar in sparkling mineral water. The original version of the beverage …
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