Herbert Smith Freehills Kramer advises Coca-Cola HBC on its acquisition of CCBA

Leading global law firm Herbert Smith Freehills Kramer has advised Coca-Cola HBC AG (Coca-Cola HBC) on its acquisition of a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA at US$3.4 billion.

The Herbert Smith Freehills Kramer team included of counsel Martyn Jones and Thomas Vaughan, senior associates Mehdi Tedjani, Arijeet Mukherjee and Stuart Kerr, associates Arina Abgaryan, Toby Goodman and Oisin Tubridy, trainees Macy Kalirai, Mo Patel, Natasha Palfrey, and D'Andra Lewis, and was led by Corporate partner Malcolm Lombers.

The wider cross-border team included Ziyanda Ntshona, Monde Coto, Jali Menzi, Josh Lom, Perminder Gainda, Toni Mathers, Kristen Roberts, Nick May, Stacey Pang, Shael Geffen, Sue Lee, Jenny Andrews, Lydia Carrington, Tiamera Hart, Kate Peck, Giulia Maienza, Adil Tirmizi, Rupert Swallow, Andrew Cooke, Eloise Mackay, Jia Liu, Alexandra Bunge, Hugh Bannister, Isabel Rigby, Konstantin Korennoy, David Evans, Rachael Tattersall and Joanne Holbrook, across the firm's Corporate, Tax, Finance, Employment, Pensions & Incentives, IP, Cyber, Data Protection, Disputes, TMT, Real Estate, EHS and Digital practices.

More information on the deal can be found here.