Daily Archives: September 20, 2018

Coca-Cola targets Q1 2019 to complete acquisition of Nigerian juice maker Chi Ltd

Atlanta-based Coca-Cola said on Wednesday it is on track to complete the acquisition of Nigeria’s largest juice maker, Chi Limited by the first quarter of 2019.

In a wide ranging interview with Reuters in Lagos, the soda giant reaffirmed its plans to acquire the remaining 60% stake in Chi Ltd it doesn’t already own as it seeks to diversify its product offerings from its core sugary drinks.