Coca Cola Beverages Shanghai acquires China Culiangwang Beverages

15/4/2015

Public acquisition

Value:

$ 400 million

Date:

15/4/2015

Overview:

Coca-Cola through its Shanghai subsidiary has acquired Xiamen Culiangwang Beverage Technology Co from China Culiangwang Beverages Holdings for $400 million.
Xiamen Culiangwang is a Chinese company focused on producing plant based protein drinks.
Clifford Chance acted for Coca-Cola.
Shearman & Sterling acted for China Culiangwang Beverages.

Jurisdiction:

China

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Food and beverage

Firms:

Clifford Chance

Party: Coca-Cola (Acquirer)

Shearman & Sterling

Party: China Culiangwang Beverages Holdings Ltd (Seller)

Related deals