Slaughter and May is advising Coca-Cola Europacific Partners plc on the proposed joint acquisition of Coca-Cola Beverages Philippines, Inc. with Aboitiz Equity Ventures Inc.

Slaughter and May is advising Coca-Cola Europacific Partners plc (“CCEP”) on the proposed joint acquisition of Coca-Cola Beverages Philippines, Inc. (“CCBPI”), a wholly-owned subsidiary of The Coca-Cola Company, with Aboitiz Equity Ventures Inc. (“Aboitiz”). The proposed acquisition will build on CCEP’s successful expansion into the Asia Pacific region, positioning it as the world’s largest Coca-Cola bottler by both revenue and volume.

It is proposed that CCBPI be acquired through a joint venture for an enterprise value of $1.8 billion and, upon completion of the transaction, CCEP will own 60% of the joint venture with the remaining 40% owned by Aboitiz. Aboitiz is one of the leading conglomerates in the Philippines.

Slaughter and May are supporting the in-house legal team at CCEP, led by Clare Wardle (General Counsel & Company Secretary), Paul van Reesch (Vice President, Corporate) and Melissa Ratchev (Director, Corporate Legal). The Slaughter and May team is being led by Roland Turnill and Rob Innes. Villraza & Angangco Law are advising on the Philippine law aspects of the transaction.

Corporate
Roland Turnill Senior Partner
Robert Innes Partner
Samuel Franklin Associate
Khadar Jama Associate
Kudrat Agrawal Associate
Financing
Claire Cooke Partner
Competition and Antitrust
Jordan Ellison Partner
Jack Dickie Associate
Benjamin Perry Associate
IP / IT
Duncan Blaikie Partner
Calum Scott Associate
Tax
Charles Osborne Partner
Alex Sim Associate