News & Events

The Firm is representing Embotelladora Andina S.A. (“Andina”) as well as its Brazilian subsidiary, Rio de Janeiro Refrescos Ltda., in connection with the announced acquisition of Companhia de Bebidas Ipiranga for a purchase price of approximately US$539 million.  The closing of the transaction is subject to receipt of certain regulatory and other approvals. Andina is among the ten largest Coca-Cola bottlers in the world, servicing franchised territories with 36 million people, delivering over 7.8 million liters of soft drinks, juices, and bottled waters on a daily basis. Andina is the second bottler of the Coca-Cola System in South America and the seventh globally. It is also the largest producer of soft drinks in Chile and Argentina and the second largest soft drink producer in Brazil. Andina is listed on the Santiago Stock Exchange (Bolsa de Comercio de Santiago) and on the New York Stock Exchange.

The Simpson Thacher team includes David Williams, Brian Gluck, Jonathan Talansky and Sarah Naseman.