UACN Plc
| Rank | 37 |
| BSM Rating | 49.6 |
| YoY | -5 |
| Year of Establishment | 1879 (Nigeria’s oldest surviving business institution). |
| Website | www.uacnplc.com |
| Headquarters | UAC House, 1-5 Odunlami Street, Marina, Lagos. |
| Leadership | Folasope Aiyesimoju (Group MD/CEO); Funke Ijaiya-Oladipo (Group Finance Director). |
| Financial Scale | FY 2024 Revenue: ₦197 Billion; Projected Group Revenue (Post-CHI): >₦400 Billion. |
| Core Subsidiaries | Food & Beverage: UAC Foods, CHI Limited (Chivita); Paints: CAP Plc; Agri-Business: Grand Cereals, Livestock Feeds; Logistics: MDS Logistics. |
| Portfolio Brands | Gala (Market King), Chivita (Juice), Hollandia (Dairy), Dulux (Premium Paint), Sandtex, Supreme Ice Cream, Swan Water. |
| Recent Strategic Move | Completed the ₦182 Billion acquisition of CHI Limited from Coca-Cola (Oct 2025), instantly becoming Nigeria’s largest beverage company by volume. |
| Best Known As | The “Empire that Never Sets,” which has successfully reinvented itself from a colonial trader into a modern FMCG powerhouse holding Nigeria’s most iconic brands (Gala, Dulux, and now Chivita). |
UACN Plc has consistently maintained its position as one of Nigeria’s most valuable and diversified conglomerates, a status reaffirmed by its strong market presence, diversified portfolio, and long-standing contributions to Nigeria’s industrial and consumer goods sectors.
Since foundation in 1879 and incorporated as UACN Plc, the company has grown into a leading industrial and consumer goods conglomerate with operations spanning food and beverages, real estate, logistics, and manufacturing.
UACN Plc’s food and beverage segment includes some of Nigeria’s most recognized brands, such as Milo, Grand Pure Cooking Oil, Supreme, and Gala, which have become household staples across the country. The company also has a strong presence in real estate development through UACN Property Development Company (UPDC), providing residential, commercial, and mixed-use properties across key Nigerian cities.
The company operates modern manufacturing and production facilities, adhering to NAFDAC, HACCP, and ISO quality standards, ensuring high-quality products that meet both local and international benchmarks. Its operational excellence has enabled UACN Plc to maintain consumer trust and brand loyalty for decades.
Economically, UACN Plc is a major contributor to employment and industrial development, providing thousands of direct jobs and indirectly supporting the livelihoods of farmers, distributors, and retailers through its supply chain. The company’s investments in local sourcing and backward integration have bolstered Nigeria’s agricultural and manufacturing sectors.
UACN Plc is also committed to corporate social responsibility (CSR). Its initiatives focus on education, youth empowerment, health, and community development, including scholarship programs, community health outreaches, and partnerships with NGOs to enhance living standards in underserved areas.
Financially, UACN Plc is listed on the Nigerian Exchange (NGX) and remains one of Nigeria’s Top 50 Brands, reflecting its strong market position, diversified operations, and consumer trust. The company continues to demonstrate resilience and adaptability across economic cycles.
Through its iconic brands, diversified operations, commitment to quality, and investment in communities, UACN Plc remains not just a consumer goods and industrial leader but a key driver of sustainable economic growth and social development in Nigeria.
