Speaking during the “Facts Behind the Acquisition” presentation at the Nigerian Exchange (NGX), the Group Managing Director of UAC of Nigeria Plc (UACN), Folasope Aiyesimoju, explained the thinking behind the group’s N182.4 billion acquisition of CHI Limited.
He described the deal as a rare and well-timed opportunity that aligns with UAC’s long-term strategy in the food and beverage space.
Aiyesimoju opened by illustrating the sheer scale of UAC’s operations.