Nigeria: Coca-Cola takes full ownership of Chi
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 […]
Nigeria: Coca-Cola acquires minority stake in Chi
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 […]
New Zeland: CH’I launches two herbal refreshers for the summer season
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 […]