[vc_row type=”vc_default” full_width=”stretch_row_content_no_spaces” css=”.vc_custom_1500547593342{padding-right: 100px !important;}” el_class=”noPaddinRow”][vc_column width=”1/6″ el_class=”noPaddingLeft” offset=”vc_hidden-md vc_hidden-sm vc_hidden-xs”][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJtYWluLXN0cmlwJTIyJTNFJTBBJTNDZGl2JTIwY2xhc3MlM0QlMjJibHVlLXN0cmlwMCUyMiUzRSUzQyUyRmRpdiUzRSUwQSUzQ2RpdiUyMGNsYXNzJTNEJTIyYmx1ZS1zdHJpcDElMjIlM0UlM0MlMkZkaXYlM0UlMEElM0NkaXYlMjBjbGFzcyUzRCUyMmJsdWUtc3RyaXAyJTIyJTNFJTNDJTJGZGl2JTNFJTBBJTNDJTJGZGl2JTNF[/vc_raw_html][/vc_column][vc_column width=”5/6″ el_class=”justifyText” css=”.vc_custom_1531172194385{padding-right: 310px !important;}” offset=”vc_hidden-md vc_hidden-sm vc_hidden-xs”][vc_empty_space height=”50px”][vc_row_inner el_id=”newsletters”][vc_column_inner width=”1/6″][/vc_column_inner][vc_column_inner width=”2/3″][vc_custom_heading text=”DETAIL Advises on Heineken’s 5 Breweries Acquisition” font_container=”tag:h1|font_size:22|text_align:justify|color:%236699cc|line_height:1.8″ use_theme_fonts=”yes”][/vc_column_inner][vc_column_inner width=”1/6″][/vc_column_inner][/vc_row_inner][vc_empty_space height=”25px”][vc_column_text]
DETAIL Commercial Solicitors recently acted as legal counsel to Sona Group (Vendor) in Heineken International BV’s purchase of Sona’s entire equity interests in 5 breweries in Nigeria. Sona Group has over the last 10 years, been a major player amongst the 2nd tier of breweries in Nigeria – 1st tier comprising of Guiness, SABMiller and Nigeria Breweries. This made Sona a natural target for any of these tier 1 beweries seeking to increase its market share. This purchase is so far the largest brewery deal in the Nigerian market and it increase Heineken’s capacity by 3.7Million Hectolitres. As a firm, the most creative part of this transaction was the pre-sale reorganization of Sona’s breweries assests into a holding company, prior to its purchase by Heineken. This aspect of the transaction set a precedent as the first instance the Securities & Exchange Commission (SEC) permitted a law firm to superintend the filling processes with SEC and has created groundbreaking precedents in Asset restructuring in Nigeria.
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DETAIL Commercial Solicitors recently acted as legal counsel to Sona Group (Vendor) in Heineken International BV’s purchase of Sona’s entire equity interests in 5 breweries in Nigeria. Sona Group has over the last 10 years, been a major player amongst the 2nd tier of breweries in Nigeria – 1st tier comprising of Guiness, SABMiller and Nigeria Breweries. This made Sona a natural target for any of these tier 1 beweries seeking to increase its market share. This purchase is so far the largest brewery deal in the Nigerian market and it increase Heineken’s capacity by 3.7Million Hectolitres. As a firm, the most creative part of this transaction was the pre-sale reorganization of Sona’s breweries assests into a holding company, prior to its purchase by Heineken. This aspect of the transaction set a precedent as the first instance the Securities & Exchange Commission (SEC) permitted a law firm to superintend the filling processes with SEC and has created groundbreaking precedents in Asset restructuring in Nigeria.
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DETAIL Commercial Solicitors recently acted as legal counsel to Sona Group (Vendor) in Heineken International BV’s purchase of Sona’s entire equity interests in 5 breweries in Nigeria. Sona Group has over the last 10 years, been a major player amongst the 2nd tier of breweries in Nigeria – 1st tier comprising of Guiness, SABMiller and Nigeria Breweries. This made Sona a natural target for any of these tier 1 beweries seeking to increase its market share. This purchase is so far the largest brewery deal in the Nigerian market and it increase Heineken’s capacity by 3.7Million Hectolitres. As a firm, the most creative part of this transaction was the pre-sale reorganization of Sona’s breweries assests into a holding company, prior to its purchase by Heineken. This aspect of the transaction set a precedent as the first instance the Securities & Exchange Commission (SEC) permitted a law firm to superintend the filling processes with SEC and has created groundbreaking precedents in Asset restructuring in Nigeria.
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