Coca-Cola, TGI Group Announce Strategic Investment in Nigeria's Chi Limited

The Coca-Cola Company KO and Tropical General Investments Group (TGI Group) – the holding company of Chi Ltd, Nigeria's leading dairy and juice company – today announced a binding agreement for The Coca-Cola Company to acquire an initial minority equity shareholding in Chi Ltd. 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. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160130005003/en/ Chi Limited's leading value-added dairy and juice beverage brands complement The Coca-Cola Company's broad beverage portfolio in Nigeria. (Photo: Business Wire) Within the agreement, The Coca-Cola Company has made an initial 40 percent equity See full press release