Uría and Allen & Overy advise on €275m brandy business sale

Uría Menéndez advised Beam Suntory on its agreement to sell its Spanish-based brandy and sherry business to Emperador.

 

Emperador, the world’s largest brandy producer. was advised by Allen & Overy on the deal.

The agreement includes the Fundador, Harveys, Terry and Tres Cepas brands, as well as production operations in Jerez and Tomelloso, Spain.  

The all-cash transaction was valued at €275 million.

Beam Suntory’s financial adviser on the deal was Rabobank, while its accounting adviser was Deloitte.  Emperador’s financial adviser was Nomura, and its accounting advisor was KPMG.

Beam Suntory’s head of strategy and corporate development Steve Fechheimer said: “A recent review of our portfolio of brands and supply chain footprint led us to believe that our Spain-based brandy and sherry business could be of greater value to another company. Our teams in Jerez and Tomelloso are outstanding, and I am confident that the operations and the brands produced there have a very bright future as part of Emperador.” 

Uría and Allen & Overy advise on €275m brandy business sale

Ben Cook

iberianlawyer.com

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram