Coca-Cola purchases 40% stake in Nigerian juice maker Chi for $240m
date:Feb 02, 2016
e stay one step ahead of evolving consumer tastes by broadening our portfolio and introducing new products. Today's announcement positions both Coca-Cola and Chi well for future growth in what is an exciting time in the beverage industry in Africa.

Chi, a maker of fruit juices, nectar drinks and drinking yogurt, said that it is exploring local sourcing to reduce its reliance on imports, which has become a need of the hour considering the drastic fall of oil prices which has led the Nigerian gov
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