We advised CCU on Strategic Alliance with Danone

New Deal - May 17, 2022

Marval O’Farrell Mairal and Bruchou, Fernández Madero & Lombardi provided advice on the creation of a strategic alliance for the water business in Argentina.  Danone transferred to CCU a minority stake in Aguas Danone de Argentina S.A., owner, among others, of the brands Villavicencio, Ser, Levite, and Villa del Sur.

The joint venture will allow both companies to enrich their beverage offer and strengthen their operations in the country. The closing of the transaction took place on April 28th, 2022.

Marval O’Farrell Mairal acted as legal advisor to Danone through a multidisciplinary team of professionals led by the M&A team with partners Bárbara V. Ramperti and María Laura Bolatti Cristofaro, and associates Gonzalo Márquez Alonso de la Bárcena, Maria Virginia Canzonieri, Daiana Veira and Agustina Maria Giordano; and with the support of the partners Fernando Montes de Oca, Rodrigo Fermín Garcia, Juan Manuel Lopez Mañán and Martin J. Mosteirin, Julio Cesar Rivera (h) and the associates Ignacio Torino, Carolina del Carril, Gabriel Alejandro Fortuna and Francisco Abeal, among others.

Danone counted with the advice of its legal affairs department and the advised by Wachtell, Lipton, Rosen & Katz through partners Joshua R. Cammaker and Jonathan M. Moses and associate Helen Diagama. Lazard acted as financial advisor to Danone through a team led by Matías Eliaschev, accompanied by Gina Cetina and Isabel de Atucha.

Bruchou, Fernández Madero & Lombardi advised CCU through a multidisciplinary team of professionals integrated by M&A members: Partners Estanislao Olmos, Exequiel Buenaventura, associates Hernán Alal, Nicolás Dulce, Franca Stafforini, Macarena Rolón and Delfina Necol, with the support of partners Gabriel Lozano, Daniela Rey, Florencia Angelico, Ignacio Minorini Lima, Alejandro Barrientos, and Juan Zocca.

CCU counted with the advice of its Legal Departments of Chile and Argentina, led by Felipe Benavides and Gonzalo Anaya, respectively; and with additional advice from Skadden, Arps, Slate, Meagher & Flom, through Paul Schnell, Thomas Greenberg, Julie Bedard, Alexander Vargas and Gurjot Kaur.