Asahi Group’s $16 Billion Acquisition of Carlton & United Breweries

Freshfields Bruckhaus Deringer, Winter & Slattery and G+T advised AB InBev on a transaction enabling Asahi to acquire Australian brewer Carlton & United Breweries for $16 billion. Allen & Overy advised Asahi on the deal

Carlton & United Breweries is the company behind some of Australia’s best-known beers including Carlton Draught, Great Northern, Victoria Bitter and 4 Pines.

Asahi Group Holdings, Ltd. produces beer and other beverages including non-alcoholic drinks. The company, led by Naoki Izumiya, Atsushi Katsuki and Akiyoshi Koji in 2018 recorded $19.89 billion revenues.

Anheuser-Busch InBev SA/NV manufactures alcoholic beverages. The Company produces and distributes beers. Anheuser-Busch InBev, led by Carlos Alves De Brito, Luis Felipe Pedreira Dutra Leite and Pedro Henrique De SA Earp  serves customers worldwide and in 2018 recorded $54.619 billion revenues.

G+T advises AB InBev with a team including Neil Pathak (Picture) and Craig Semple. Neil and Craig work alongside partner Deborah Johns, lawyers Matthew Ampt and Grace Chia. Partners Elizabeth Avery and Gina Cass-Gottlieb led on Competition + Regulation matters. Banking + Infrastructure partner Simon Lynch and special counsel Louise McCoach, supported by lawyer Hamish Nicholson are advising on financing matters and partner Muhunthan Kanagaratnam and lawyer Matthew Charman are advising on the tax elements of the transaction. Real Estate + Projects partners Ben Fuller and Steven Mackay were assisted by lawyer Isabelle Wong, and special counsel James Pomeroy advised on employment matters.

Gilbert + Tobin advises AB InBev alongside law firm Freshfields Bruckhaus Deringer. Winter & Slattery advised AB InBev on the corporate and tax law aspects of the transaction with a team led by Stewart Grieve and Sophia Bobeff.

Allen & Overy are advising Asahi.

Involved fees earner: Matthew Ampt – Gilbert + Tobin; Elizabeth Avery – Gilbert + Tobin; Gina Cass-Gottlieb – Gilbert + Tobin; Matthew Charman – Gilbert + Tobin; Grace Chia – Gilbert + Tobin; Ben Fuller – Gilbert + Tobin; Deborah Johns – Gilbert + Tobin; Muhunthan Kanagaratnam – Gilbert + Tobin; Simon Lynch – Gilbert + Tobin; Steven Mackay – Gilbert + Tobin; Louise McCoach – Gilbert + Tobin; Hamish Nicholson – Gilbert + Tobin; Neil Pathak – Gilbert + Tobin; James Pomeroy – Gilbert + Tobin; Craig Semple – Gilbert + Tobin; Isabelle Wong – Gilbert + Tobin; Sophia Bobeff – Johnson Winter & Slattery; Stewart Grieve – Johnson Winter & Slattery;

Law Firms: Gilbert + Tobin; Johnson Winter & Slattery;

Clients: Anheuser-Busch InBev;