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Nairaland Forum / Nairaland / General / Business / Chi Limited Acquired By Coca-cola (24259 Views)
FCCPC Warns Coca-cola Over ‘misleading’ Products Labelling, ‘unfair’ Marketing T / Coca-cola Finally Acquires Chi Ltd / Paddy Adenuga: "I Nearly Acquired Chevron Netherlands At 29" (2) (3) (4)
Re: Chi Limited Acquired By Coca-cola by Psoul(m): 2:43pm On Jan 31, 2019 |
Now we are going to have silly taste of the CHI products Just like we lost the good taste of 5alive and Limca since Coca Cola to over. 3 Likes |
Re: Chi Limited Acquired By Coca-cola by ayd91(m): 2:55pm On Jan 31, 2019 |
Interesting news... The following months should be interesting too. |
Re: Chi Limited Acquired By Coca-cola by MyGeneration(m): 3:04pm On Jan 31, 2019 |
They refused to tell us how much it was acquired 1 Like |
Re: Chi Limited Acquired By Coca-cola by nwanyionitsha: 3:08pm On Jan 31, 2019 |
Vianna:What!!! Are they leaving Nigeria? |
Re: Chi Limited Acquired By Coca-cola by RealTrump: 3:09pm On Jan 31, 2019 |
Vianna: You need to be careful with these figures. If in 2016, 40% of Chi was bought for $500M. It means the entire 100% of the company in 2016 is valued at $1.25B. Which means by now, Chi might be getting close to $2B. WhatsApp was bought for $4B. How many companies in the world are valued at 1.25B? Even Liverpool is valued at 1B pounds. Throwing big figures around without backing it up with facts is not good enough. If the company was so valuable, why are they selling? 7 Likes |
Re: Chi Limited Acquired By Coca-cola by bluecircle470: 3:09pm On Jan 31, 2019 |
Vianna: Mr man stop blowing lie. Haba you dey lie o, nah $240 million dem pay for the 40% stake o. 2 Likes 1 Share |
Re: Chi Limited Acquired By Coca-cola by Omoluabi16(m): 3:11pm On Jan 31, 2019 |
Vianna:Disappointing. The chivita brand is big and even has the potential further growth. It would have been wise to still have some control maybe 20%. |
Re: Chi Limited Acquired By Coca-cola by Vianna(f): 3:31pm On Jan 31, 2019 |
[quote author=RealTrump post=75293291] You need to be careful with these figures. If in 2016, 40% of Chi was bought for $500M. It means the entire 100% of the company in 2016 is valued at $1.25B. Which means by now, Chi might be getting close to $2B. WhatsApp was bought for $4B.Blomberg will be of great help to you. How many companies in the world are valued at 1.25B? Even Liverpool is valued at 1B pounds. Throwing big figures around without backing it up with facts is not good enough.How many companies are valued at 1.25? Cocacola itself is valued at almost $200B . thousands upon thousands of companies worldwide are worth billions of pounds . Please do your research. If the company was so valuable, why are they selling?The fact that a company was sold/acquired doesn't mean it wasn't valuable in the first place. Same cocacola bought Costa coffee last year at $5B. Ask why snickers and twix were.acquired by mars inc, or why Pepsi acquired doritos, Lipton and mountain dew or why Unilever acquired B&J etc 1 Like |
Re: Chi Limited Acquired By Coca-cola by pappybarry(m): 3:32pm On Jan 31, 2019 |
frugal: You can say that for sure. Not the idea that they'll want Chi products off the market like the other guy suggested. |
Re: Chi Limited Acquired By Coca-cola by Robbin7(m): 3:33pm On Jan 31, 2019 |
lastempero:Mtchewww. Which kind transaction |
Re: Chi Limited Acquired By Coca-cola by zoedew: 3:47pm On Jan 31, 2019 |
Vianna: Now sugar takes over Chi juice! Not good! |
Re: Chi Limited Acquired By Coca-cola by jammyneutron007(m): 4:01pm On Jan 31, 2019 |
daddytime: Good luck building |
Re: Chi Limited Acquired By Coca-cola by daddytime(m): 4:06pm On Jan 31, 2019 |
jammyneutron007: Thanks mate |
Re: Chi Limited Acquired By Coca-cola by jammyneutron007(m): 4:08pm On Jan 31, 2019 |
pappybarry: And can you also explain what happened to Limca after coca-cola bought it? They are by no doubt the largest and oldest beverage company in the world, but acquisitions like this begs more question. |
Re: Chi Limited Acquired By Coca-cola by anonymous96: 4:13pm On Jan 31, 2019 |
NewDelhi:Y do u guys hv d misconception that d take over is a bad thing?.. |
Re: Chi Limited Acquired By Coca-cola by anonymous96: 4:18pm On Jan 31, 2019 |
Robbin7:Chi was as good as a foreign company.. It was owned by foreigners,run by foreigners..So don't know the pride u are talking about.. |
Re: Chi Limited Acquired By Coca-cola by ncoolsome(m): 4:21pm On Jan 31, 2019 |
NO MORE FROM "THE HOUSE OF CHI".... 1 Like |
Re: Chi Limited Acquired By Coca-cola by themanderon: 4:26pm On Jan 31, 2019 |
No be to buy be head. Hope they will be able to maintain the quality of their products. Cocacola is not a brand known for quality sustainability. Just check out how horrible cocacola and its sister products have become. Hope Chi products won't go the same way. 1 Like |
Re: Chi Limited Acquired By Coca-cola by lastempero: 4:36pm On Jan 31, 2019 |
Robbin7: They can't wrestle with coca cola. |
Re: Chi Limited Acquired By Coca-cola by shekauvsbuhari: 4:39pm On Jan 31, 2019 |
A whole CHI! Chai coca-cola will do a pathetic funeral for this thriving company. Why sell when U re doing well? 1 Like |
Re: Chi Limited Acquired By Coca-cola by shekauvsbuhari: 4:43pm On Jan 31, 2019 |
anonymous96:cocacola dnt do quality products. That was why CHi juices knocked off their pathetic five alive. They do buy and bury bcs of their huge financial war chest. 3 Likes |
Re: Chi Limited Acquired By Coca-cola by AZeD1(m): 5:04pm On Jan 31, 2019 |
islandmoon:How is DSTV frustrating TSTV and how is it DSTV's fault that HITV had terrible management? |
Re: Chi Limited Acquired By Coca-cola by Robbin7(m): 5:21pm On Jan 31, 2019 |
anonymous96:Really? I must have missed that. |
Re: Chi Limited Acquired By Coca-cola by stankezzy: 5:36pm On Jan 31, 2019 |
Coca Cola bought crush soft drinks closed the company , they later bought limca soft drink closed up the company , now they have bought chi , it will surely be closed , just to phase out competitors 3 Likes |
Re: Chi Limited Acquired By Coca-cola by anonymous96: 6:02pm On Jan 31, 2019 |
Robbin7:Don't kno if u being sarcastic or not.. Hard to tell on Nairaland.. But yah it is.. so d company made its money in Nigeria and d owners spent it elsewhere... A lot of Nigerians would have been millionaires$$ if it was employee owned..Coca Cola just made a bunch of dutch nd indians richer |
Re: Chi Limited Acquired By Coca-cola by Robbin7(m): 6:07pm On Jan 31, 2019 |
anonymous96:Smiles! As a matter of fact I didn’t know. Going by the name CHI, I never bothered to check. But now that you have brought it here. Thank you. |
Re: Chi Limited Acquired By Coca-cola by daddytime(m): 6:08pm On Jan 31, 2019 |
goodconscience: Really? Have you heard of serial entrepreneurs who build up businesses just to sell and move on to re-create. |
Re: Chi Limited Acquired By Coca-cola by Adeinfo: 6:10pm On Jan 31, 2019 |
islandmoon: DSTV never frustrated HITV, the founder of HITV mismanage the 9billion Naira loan given to him by GTB |
Re: Chi Limited Acquired By Coca-cola by metroid(m): 6:12pm On Jan 31, 2019 |
I think they only acquired the beverage part of Chi limited not all of Chi |
Re: Chi Limited Acquired By Coca-cola by ghettochild(m): 6:18pm On Jan 31, 2019 |
[quote author=stankezzy post=75297607]Coca Cola bought crush soft drinks closed the company , they later bought limca soft drink closed up the company , now they have bought chi , it will surely be closed , just to phase out competitors[/quote It will be stupid of them to do that.. They buying cos they have seen d potential of Chi's product in d west African Market.. Plus why was WhatsApp sold... It was cos owners know how much profit they were gonna make.. Same way chi is selling because they are making a huge profits.... They can always start another company with a new brand name n start a new range of products since they already have the formulars for each product.. Its purely business.... And whether quality remains the same or changes.. That one na coca cola problem.. Na dem go lose o.. When Chelsea was sold to ambrahamovic,did business run down.. Same way Leicester and Liverpool were sold to new owners.. Takeover always favours d seller except in cases they been bailed outta debts |
Re: Chi Limited Acquired By Coca-cola by Gandollar(f): 6:23pm On Jan 31, 2019 |
tgbaba:Exactly |
Re: Chi Limited Acquired By Coca-cola by sleekdre: 6:24pm On Jan 31, 2019 |
tgbaba:Just like what they did to Limca. Killed all their factories, goldspot, parle soda brands and left only Limca brand. 1 Like |
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