Fangda represented Swire Beverage to participate in the acquisition of six manufacturing subsidiaries from CCBMH and the restructuring of CCBMH
Tell others about this press release
The press releases published in this section have been uploaded by law firms. Their content has not been appraised or edited by Law.asia, and no responsibility is taken for the accuracy of the information they contain or any misrepresentation therein. For our independent editorial content, please visit our homepage.
Fangda Partners represented Swire Beverage to acquire various PRC manufacturing plants from Coca-Cola Bottlers Manufacturing Holdings Limited (“CCBMH”) and participated in the restructuring of CCBMH. CCBMH is jointly established by Swire, Coca-Cola and COFCO and conducts still beverages packaging business (including still beverages under the Coca-Cola brands) through its subsidiaries in the PRC for downstream distribution in China. Upon completion of the transaction, the equity interests in CCBMH’s six still beverages packaging subsidiaries in the PRC will be transferred to Swire Beverage. COFCO will acquire CCBMH’s five other still beverages packaging subsidiaries as part of the transaction. The deal was signed on July 15, 2022. Fangda corporate team is led by partners Norman Zhong, Helen Fan, and the antitrust team is led by partners Michael Han and Jin Wang. Corporate team is also led by partners Eric Yan and Frank Ding, assisted by Jingyi Li, Aaron Zhang, Jason Wang, Yanlin Guo, Candice Xie, Joy Wong, Derek Liu at various different stages in the transaction. Fangda worked as the PRC counsel of Swire, and participated in the whole process of this deal, including the designing of the transaction structure, the legal due diligence, and the drafting, reviewing and negotiation of transaction documents (corporate).
Join our mailing list for legal news and alerts
Sign up