Competition

Creation of Coca-Cola beverages South Africa

CDH advised The Cola-Cola Company (TCCC) in a lead role capacity in the formation of Coca-Cola Beverages Africa through the merger of the TCCC and SABMiller. Following our work on this cornerstone transaction for South Africa, we were also called to advise Coca-Cola in the US$260 million acquisition of various soft drinks brands and branding licences from SABMiller. The fact that a company of Coca Coca's standing entrusts our Corporate & Commercial and Competition experts with their landmark deals illustrates our stronghold in the South African legal arena.

Following our work on this cornerstone transaction for South Africa, we were also called to advise Coca-Cola in the US$260 million acquisition of various soft drinks brands and branding licences from SABMiller.

From a Corporate and Commercial perspective, Partners, Verushca Pillay and Lauren Wilson advised TCCC in a lead role capacity in the formation of Coca-Cola Beverages Africa. While CDH's National Practice Head of Competition, Chris Charter and Partner, Albert Aukema attained merger approval in multiple jurisdictions. Together, the work undertaken by this highly-skilled team of experts earned CDH a nomination for Deal of the Year by DealMakers, South Africa's most respected M&A and corporate finance magazine and rankings authority. Our work on this mandate demonstrates very clearly how ours is the go-to corporate/M&A capability for the world’s largest brands on their headline transactions in South Africa.

Following our work on this cornerstone transaction for South Africa, we were also called to advise Coca-Cola in the US$260 million acquisition of various soft drinks brands and branding licences from SABMiller.

CDH's Competition practice obtained merger approval in various jurisdictions for the creation of Coca-Cola Beverages Africa – an amalgamation of the Coca-Cola bottling assets of SABMiller, Coca-Cola Sabco, Coca-Cola Shanduka Beverages and TCCC. The transaction also included the acquisition by TCCC of a number of SABMiller non-alcoholic ready to drink brands, including Appletiser. Merger approvals were obtained in Namibia, Botswana, Kenya, Tanzania and COMESA during 2015.