Founded in 1983, Udo Udoma & Belo-Osagie is a multi-specialisation full service corporate and commercial law firm with offices in Nigeria’s key commercial centres. The firm’s corporate practice is supported by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services and our sub-firm, U-Law which caters exclusively to entrepreneurs, MSMEs, startups, and growth businesses across several industries, including the FinTech industry. It is designed as a one-stop-shop for all basic business-related legal needs, providing high-quality support in a simplified and straightforward manner at super competitive prices.
We are privileged to work with diverse local and international clients to create and implement innovative practical solutions that facilitate business in Nigeria and beyond. When required, we are well-placed to work across Africa with a select network of leading African and international law firms with whom we enjoy established relationships.
UUBO is delighted to have advised The Coca-Cola Company (“Coca-Cola”) on the sale of its 100% equity interest in C.H.I. Limited (“CHI”) to UAC of Nigeria PLC, one of Nigeria’s leading consumer goods companies.
Nigeria
UUBO is delighted to have advised The Coca-Cola Company
("Coca-Cola") on the sale of its 100% equity interest in
C.H.I. Limited ("CHI") to UAC of Nigeria PLC, one of
Nigeria's leading consumer goods companies.
CHI is a household name in Nigeria and a recognised leader in
the food and beverage industry. Its flagship brands,
Chivita and Hollandia, hold dominant positions in
the fruit juice and value-added dairy markets, respectively.
The transaction aligns with Coca-Cola's global strategy to
streamline operations, scale its brand portfolio, and sharpen focus
on core offerings, while continuing to invest in markets with
strong long-term growth prospects such as Nigeria.
The UUBO team was led by our Corporate Advisory and M&A
Partner, Ozofu 'Latunde Ogiemudia, with key
support from Tobechi Nwokocha, Aanuoluwapo
Odunaike, Tolulope Egbochue,
Praise Darego, and Adaobi Omosefe
Uzo. Specialist support was provided by Banking Partner,
Onyinye Okafor and senior associates,
Abolanle Ayoola and Victoria Amarachi
Agomuo.
We are proud to have supported Coca-Cola on this significant
transaction and to have contributed to the continued evolution of
Nigeria's consumer goods sector.
Contributor
Founded in 1983, Udo Udoma & Belo-Osagie is a multi-specialisation full service corporate and commercial law firm with offices in Nigeria’s key commercial centres. The firm’s corporate practice is supported by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services and our sub-firm, U-Law which caters exclusively to entrepreneurs, MSMEs, startups, and growth businesses across several industries, including the FinTech industry. It is designed as a one-stop-shop for all basic business-related legal needs, providing high-quality support in a simplified and straightforward manner at super competitive prices.
We are privileged to work with diverse local and international clients to create and implement innovative practical solutions that facilitate business in Nigeria and beyond. When required, we are well-placed to work across Africa with a select network of leading African and international law firms with whom we enjoy established relationships.
