Nabarro cheers with Heineken SA venture
Nabarro has landed its first deal for new client Heineken International - advising on a joint venture in South Africa. The top 30 UK firm won the drinks giant as a client through corporate partner Patrick Speller, who joined Nabarro last summer from Allen & Overy (A&O).
May 01, 2008 at 01:03 AM
2 minute read
Nabarro has landed its first deal for new client Heineken International – advising on a joint venture in South Africa.
The top 30 UK firm won the drinks giant as a client through corporate partner Patrick Speller, who joined Nabarro last summer from Allen & Overy (A&O).
Speller had been a partner at A&O since 2000 and built his relationship with Heineken during his time at the magic circle firm. He has continued the relationship since joining Nabarro.
Nabarro's instruction has seen it advising the drinks company on a three-way joint venture with Diageo and Namibia Breweries for their combined beer, cider and ready-to-drink beverage businesses in South Africa.
In addition to the venture, called DHN Drinks, Heineken and Diageo have announced a new venture to build a brewery in the country, which will produce drinks for the joint venture, including Amstel and Heineken beers. Heineken expects its investment in South Africa to be in the region of E280m (£221m).
Speller said: "I did some work for Heineken when I was at A&O and I kept in contact with them. It made sense for the brewers to join up when you are trying to beat South African Breweries, which has around 90% of the market."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllDavis Polk Veterans Launch M&A, Private Equity Boutique in France & Italy
2 minute readDentons and Eversheds Advise on Billion-Dollar Gulf Infrastructure Projects
3 minute readTrending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
- 3Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250