Tag Archives: TGI

CHI introduces Hollandia Choco Malt in 180ml Pack

CHI Limited, a leader in the juice and dairy segment has unveiled its Hollandia Choco Malt 3-in-1 Ready-to-drink in 180ml pack size.

According to the firm, the new pack is intended to provide an entry point for adults and upsize for kids, while building on the commercial success the brand is enjoying following its launch in 2017.

Chi launches Hollandia Choco Malt 3-in-1 Ready-to-Drink

Chi Limited, a leading Nigerian juice and dairy maker has unveiled a new product called Hollandia Choco Malt, a ready-to-drink chocolate, milk and malt drink to the market.

The product also referred to as “3-in-1 Yo” is said to appeal to a youthful consumer segment and is an innovative blend of chocolate, milk and malt that comes in trendy pack sizes of 135ml and 315ml. It can be consumed immediately after opening and delivers instant nutrition to consumers.

According to the company, Hollandia ChocoMalt drink is rich in vitamins and minerals, takes away the hassles and inconvenience involved in preparing Choco-based beverage drink the traditional way.

Coca-Cola buys 40% stake in Chi Ltd.

Coca-Cola

Coca-Cola Company announced on Saturday that it has acquired a 40% stake in Nigeria’s largest juice maker, Chi Limited, known for its Chivita and Hollandia juice, dairy and yoghurt drinks.

Coke bought the stake from Tropical General Investments Group (TGI Group), Chi’s parent company, the two companies said in a joint statement, though they did not disclose how much Coke paid for the stake. One industry source said Coca-Cola was paying a “triple-digit-million-dollar” amount for the stake. Other sources say Chi was valued at as much as $1bn.