Weerawong
C&P
represented F&N Retail Connection (a joint venture between ThaiBev
and Fraser and Neave) in connection with its joint venture with Maxim’s
Group of Hong Kong, whereby the joint venture company, Coffee Concepts
Thailand acquired all existing Starbucks outlets in Thailand and
became the country’s sole franchisee for 40 years. The USD 650 million
(approximately THB 20 billion) acquisition closed in May 2019.
The
Weerawong C&P team included Sunyaluck Chaikajornwat, Partner, Akeviboon
Rungreungthanya, Senior Associate and Visit Phromsiripong, Associate.