Weerawong, Chinnavat & Partners Ltd. represented Thai Beverage
Public Company Limited (Thai Bev), one of Asia's largest beverage producers, on the USD
726.6 million acquisition by Internal Beverage Holdings (Singapore) Pte. Limited, its subsidiary, of
75% of the ownership interests in Myanmar Distillery Co., Ltd. (MDC) and Myanmar Supply Chain and
Marketing Services Co., Ltd. (MSC), together with International Beverages Trading Company Limited
(collectively, the MDC Group).
MDC Group is Myanmar’s leading manufacturer, marketer and
distributor of distilled beverages, including Grand Royal, the country’s leading whisky. The
acquisition provides Thai Bev with access to an expanding market and distribution network. The deal
closed on 12 October 2017.
The Weerawong C&P team led by Weerawong Chittmittrapap,
Senior Partner and Sunyaluck Chaikajornwat, Partner included
Wiriya Chinkarn, Senior Associate and associates Visit
Phromsiripong, Peerasak Sukpisit, Tirayu Songdacha,
Arisa Thaweepanyayot and Nichakarn Noppamas.