UAC of Nigeria

What UAC of Nigeria does

UAC of Nigeria PLC is a publicly listed Nigerian investment holding company (NGX: UACN) headquartered in Lagos, founded in 1879, that owns and operates a diversified portfolio of businesses across six segments: paints (CAP PLC), animal feeds and other edibles (Livestock Feeds Plc, Grand Cereals Limited), packaged food and beverages (UAC Foods, and CHI Limited acquired from The Coca-Cola Company in October 2025), logistics, quick service restaurants, and real estate (via a 42.61% stake in UPDC Plc). Following the N182.4 billion CHI Limited acquisition, the company's flagship brands include Hollandia (market leader in evaporated milk and drinking yoghurt), Chivita (market leader in fruit juice), Capri-Sun, and SuperBite, and the packaged food and beverages segment contributed N204.54 billion, or 60% of FY2025 total revenue of N343.4 billion (a 74% YoY increase). UAC earns revenue primarily through physical goods sales (paints, feeds, packaged foods, QSR meals) and, to a lesser extent, logistics services and real estate development, distributed through wholesale networks, retail channels, and B2B enterprise sales across Nigeria.

The company operates a holding-company model with capital allocation discipline, targeting 25% returns on company-level investments, and has scaled its capital markets footprint through a N150 billion Debt Issuance Programme, an expanded N65 billion Commercial Paper Programme, and multiple bond and CP issuances to fund acquisitions and operations. The CHI acquisition was financed via N30.8 billion in reserves and a N151.6 billion USD bridge loan, with subsequent refinancing via a N54.03 billion 7-year fixed-rate bond in February 2026. UAC serves Nigerian mass-market consumers and businesses across FMCG, agriculture, construction, logistics, and real estate end-markets, with all revenue currently generated in Nigeria.

Underlying profitability improved alongside the top line: underlying profit before tax (excluding one-off acquisition costs of N21.2 billion) grew 76% YoY to N28.7 billion, although reported pre-tax profit declined 71% YoY to N7.5 billion and post-tax profit fell 97% to N504 million due to acquisition-related charges and N26.8 billion in finance costs. The stock has appreciated approximately 207% year-to-date as of late 2025 on the back of the acquisition, with EPS of 29 kobo for FY2025. UAC's stated strategic pillars are people, capital, technology, impact, and governance, with a stated objective of disciplined capital allocation and operational improvements across portfolio companies.

Name

UAC of Nigeria

Legal name

UAC of Nigeria PLC

Website

http://www.uacnplc.com

Company type

Public

Founded year

1879

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

UAC of Nigeria PLC is a publicly listed Lagos-based holding company operating six FMCG and industrial segments — paints, animal feeds, packaged food and beverages, logistics, QSR, and real estate — serving Nigerian consumers and businesses, anchored by the market-leading Hollandia, Chivita, and CAP PLC brands following its 2025 acquisition of CHI Limited.

Ownership category

akta.pro rank

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Packaged Food & Beverages: Revenue from manufacturing and sale of packaged food and beverage products including dairy, juices, snacks. Following the CHI Limited acquisition, this segment became the largest contributor at 60% of total revenue (N204.54 billion in 2025).
2. Paints: Revenue from manufacturing and sale of paints and coatings through CAP PLC subsidiary.
3. Animal Feeds & Other Edibles: Revenue from manufacturing and sale of animal feed products through Livestock Feeds Plc and Grand Cereals Limited subsidiaries.
4. Quick Service Restaurants: Revenue from quick service restaurant operations.
5. Logistics: Revenue from logistics and distribution services.
6. Real Estate: Revenue from real estate development and property management through UPDC Plc (now 42.61% owned following Custodian Investment's acquisition of 51%).

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

UAC of Nigeria PLC is a publicly listed investment holding company that owns and operates portfolio businesses in paints, animal feeds, packaged food and beverages, logistics, quick service restaurants, and real estate. The company manufactures and sells consumer products through subsidiaries such as CAP PLC (paints), Livestock Feeds Plc and Grand Cereals Limited (animal feeds), CHI Limited (Hollandia, Chivita, Capri-Sun, SuperBite brands), and operates UPDC Plc for real estate development. Revenue is predominantly generated through sale of manufactured physical products, with packaged food and beverages contributing 60% of FY2025 revenue following the CHI Limited acquisition.

Product overview

UAC of Nigeria is a diversified holding company operating multiple business segments across Nigeria's FMCG and related sectors. The company operates six distinct portfolio segments: Paints (through CAP PLC), Animal Feeds & Other Edibles (Livestock Feeds, Grand Cereals), Packaged Food & Beverages, Logistics, Quick Service Restaurants, and Real Estate (through UPDC Plc). Following the October 2025 acquisition of CHI Limited from Coca-Cola, the company's Packaged Food & Beverages segment was significantly expanded with iconic Nigerian brands including Hollandia (evaporated milk and drinking yoghurt market leader), Chivita (fruit juice market leader), Capri-Sun, and SuperBite. The company operates as a holding structure with subsidiaries implementing UAC's strategic direction while maintaining operational autonomy.

Differentiator

Problem solved

Functional benefit

Brands

• Hollandia: Market leader in evaporated milk and drinking yoghurt
• Chivita
• Capri-Sun
• SuperBite

Products and services

• Hollandia (Evaporated Milk and Drinking Yoghurt)
• Chivita (Fruit Juice)
• Capri-Sun (Fruit Juice Drink)

Named customers3 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• The Coca-Cola CompanycoreStrategic or Co-development Partner · 30 July 2025UAC of Nigeria entered into an agreement to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company. The transaction was completed on October 3, 2025 after FCCPC approval. This marked UAC's largest acquisition, expanding its presence in Nigeria's FMCG sector with iconic brands including Hollandia (market leader in evaporated milk and drinking yoghurt) and Chivita (market leader in fruit juice).
• Tiger Brands LimitedminorStrategic or Co-development Partner · 27 August 2021UAC of Nigeria signed a binding agreement to acquire Tiger Brands Limited's minority shareholding in UAC Foods Limited. UAC Foods is a majority owned subsidiary of UACN operating in the packaged food and beverages industry.

Scale indicators21 records

Recent moves9 records

Expansion highlights5 records

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/uacnplc1879
• YouTubeyoutube.com/@uacofnigeriaplc
• Facebookfacebook.com/share/19yNaeVoov
• LinkedInlinkedin.com/company/uacn-plc
• Instagraminstagram.com/uacnplcofficial

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UAC of Nigeria