Stanbic IBTC leads profitable financing bundle to assist UAC’s landmark acquisition of CHI Restricted

Stanbic IBTC Holdings PLC (“Stanbic IBTC”) proudly supported UAC of Nigeria PLC (“UAC”) in its landmark acquisition of CHI Restricted (“CHI”), delivering end-to-end monetary assist in the direction of its profitable completion. Stanbic IBTC, in its capability as Mandated Lead Arranger and International Coordinator, partnered carefully with UAC to construction a multi-product funding banking resolution and financing bundle tailor-made to UAC’s aims in executing a posh transaction.

Past arranging the power, Stanbic IBTC offered a really complete resolution, mobilising our full product suite, with our International Markets group designing hedging options to handle FX danger, whereas our Escrow providers structured settlement flows aligned to the transaction’s necessities.

Crucially, by leveraging the broader Commonplace Financial institution platforms, Stanbic IBTC was capable of mix its pan-African experience, cross-border counsel with deep native information to efficiently shut probably the most important FMCG acquisitions in Nigeria.

This assist enabled UAC to finish its acquisition of a 100% fairness stake in CHI Restricted on 03 October 2025.

CHI Restricted is one in every of Nigeria’s largest meals and beverage corporations, with a number one place within the dairy, juices, nectars, and snacks phase of the Nigerian client items phase. Its flagship manufacturers, Hollandia (milk and yoghurt) and Chivita (fruit juice) have grow to be family staples, supported by a nationwide distribution community and proprietary applied sciences.

UAC of Nigeria PLC is one in every of Nigeria’s oldest establishments with historical past relationship way back to 1879. At this time, UAC is a holding firm with pursuits organised round 4 key verticals – Edibles and Feed, Packaged Meals and Drinks, Paints, and Fast Service Eating places. In addition they personal pursuits in a number one logistics providers supplier and an actual property improvement firm. Creator of iconic manufacturers corresponding to Gala, Mr Bigg’s, Dulux, Grand, Supreme, UAC has formed industries and client tradition for over a century and stays an emblem of resilience, innovation, and management in Nigerian enterprise.

This acquisition permits UAC to develop its attain within the FMCG sector, accelerating entry into new product classes whereas consolidating its management place. By means of the acquisition, UAC positive aspects instant entry to CHI’s established distribution community, proprietary applied sciences, and a portfolio of dominant family manufacturers in juice, dairy, and snacks. CHI’s sturdy model fairness, significantly within the dairy and fruit juice segments, compliments UAC’s ambition of constructing a robust platform for progress and enhanced market penetration.

Talking on the acquisition, Funke Ijaiya-Oladipo, Group Finance Director of UAC, said: “This acquisition represents a transformative step for UAC as we develop our presence within the FMCG sector. Stanbic IBTC’s means to supply an built-in, end-to-end financing resolution, backed by the broader Commonplace Financial institution Group, was instrumental in serving to us obtain this milestone by way of a flawless execution that gave us confidence all through the method.”

“This transaction underscores our means to ship built-in options throughout advisory, structuring and execution. We’re proud to have partnered with UAC on a transformative acquisition that not solely advances their progress ambitions but additionally contributes to Nigeria’s financial improvement.” Oladele Sotubo, Chief Government of Stanbic IBTC Capital Restricted, remarked.