Shares of UAC of Nigeria Plc (UACN) jumped 22.69% within the buying and selling week that ended fifth December 2025, pushing its quarter-to-date acquire previous 44% and buying and selling above N96.
This rally adopted a robust November, when the inventory rose 18.65% after a three-month decline that started in August, protecting it on monitor towards N100.
In early November, UACN disclosed that it had deposited N19.2 billion in escrow as a part of its acquisition of CHI Restricted from Coca-Cola, makers of widespread beverage manufacturers Chivita and Hollandia.
Later that month, on twentieth November, the corporate held its first main investor and analyst briefing since saying the deal, throughout which it described the acquisition as a strategic transfer with potential long-term advantages.
The market response to those developments has been notable. 12 months-to-date, UACN has delivered a robust efficiency on the NGX, surging over 207%, effectively forward of the 144.75% acquire recorded for the complete 2024 fiscal 12 months.
The acquisition
The acquisition was carried out by means of UACN’s wholly owned Particular Function Automobile, UAC Meals and Beverage Firm Restricted, funded with N30.8 billion from its reserves and N151.6 billion by way of a 12-month USD bridge mortgage.
- Finance Director Funke Ijaiya-Oladipo said that UACN had already secured a long-term refinancing plan: a totally underwritten 7-year Naira mortgage and a N150 billion SEC-approved bond programme to entry the capital market as rates of interest decline.
In accordance with Group Managing Director Fola Aiyesimoju, the timing of the deal was influenced by present market circumstances, together with decrease valuations and decreased competitors.
The acquisition instantly expands UACN into three high-growth markets the place it beforehand had no presence:
- Ingesting yoghurt
- Evaporated milk
- Fruit juices and nectars
CHI’s manufacturers—Chivita, Hollandia, Capri-Solar, and SuperBite—now be part of UACN’s present portfolio of legacy manufacturers.
Though acquisition-related prices affected the corporate’s third-quarter 2025 financials, shareholder sentiment appeared largely unchanged, with shares seemingly responding to updates on the progress of the deal.
New highs
Shares of the corporate are on the verge of crossing the N100 mark, priced round N96.80 in pre-market on Monday, eighth December 2025.
This 12 months, the inventory has damaged by means of the N70 resistance stage, reaching highs above N80 and, extra lately N90.
- The 12 months started with shares at N32.95, closing January barely increased at N36. Average bullish momentum continued from the primary quarter into the second, with a 24% surge in June, transferring worth above N40.
- In July, shares spiked 96.33% to N80.30 following the announcement of the underlying settlement for the acquisition of CHI within the ultimate week of the month.
- Nonetheless, over the subsequent three months, the value declined to N66.50, however a renewed surge in November, up 18.65%, lifted the inventory again to N78.90.
Thus far in early December, shares have risen to N96.80, following an 18.65% acquire in November.
