New York (LAWFUEL) – February 24, 2009 – Debevoise & Plimpton LLP is advising Labatt Brewing Company Limited, a subsidiary of AmBev Companhia de Bebidas das Americas, in connection with its agreements with an affiliate of KPS Capital Partners, LP that plans to acquire the business of InBev USA LLC (also doing business under the name Labatt USA).
The transaction, which is being undertaken to satisfy requirements of the Department of Justice in connection with its clearance of InBev’s acquisition of Anheuser-Busch Companies, Inc., includes the grant of an exclusive license to brew Labatt branded beer in the U.S. or Canada solely for consumption in the U.S. and a transitional supply agreement to brew and supply Labatt branded beer to Labatt USA for up to three years after which the purchaser will be responsible for production.
AmBev is the largest private industry of consumer goods in Brazil and the largest brewer in Latin America and is an affiliate of Anheuser-Busch InBev. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team is led by partner Maurizio Levi-Minzi and includes partner Molly Boast and associates Matthew Heintz and Megan MacDonald