Coca-Cola Buys 40% Stake In Chi Ltd
Additionally, the parties have agreed to jointly discuss and explore other opportunities in the region to further develop this relationship.
The company said that the agreement creates a strategic relationship between two beverage industry leaders within Africa's largest economy that together serve Nigeria's most popular sparkling soft drinks, juices, value-added dairy and water beverage brands.
The agreement will allow both companies to leverage their respective investments and expertise to further drive innovation, optimize efficiency and strengthen route-to-market to accelerate growth and increase consumer availability and choice.
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