Food and Beverages
Client Transaction

Size
(US$MM)
Year
Panamco Beverages (a) Advisory for sale of largest Coca Cola soft drink bottler in Latin America to Mexico-based Coca Cola Femsa $3,600 2002-
03
Rica Rondo S.A. Sale of leading processed meat company to Grupo Empresarial Antioqueño, the largest industrial conglomerate in Colombia $25 2003
The Coca Cola Co. Purchase of a 50% interest in Inca Kola, Peru’s largest soft drink Company $140 1999
Coca Cola y Hit de Venezuela Merger of Coca Cola y Hit de Venezuela, a 50/50 joint venture between Coca Cola and the Cisneros Group,to Panamerican Beverages, the largest bottler in Latin America and the second largest worldwide (Named Deal
of the Year in Latin America)		 $1,100 1997
Cisneros Group Sale of a 50% interest in Pepsi de Venezuela and sale of 100% interest in Hit brands. First and only “switch” transaction in the bottling industry (Runner up to Deal of
the Year in Latin America)		 NA 1996
Labatt Breweries of Canada Sale of Company to “white Knight” Interbrew of Belgium following a joint hostile takeover attempt from Onex of Canada and Quilmes of Argentina C$2,700 1995
Labatt Breweries of Canada Purchase of a 30% partnership interest in Cervecería Cuahutemoc Moctezuma (“Femsa Cerveza”) Mexico’s second largest brewery with a 45% market share $710 1994
Labatt Breweries of Canada Merger of Labatt’s USA and Femsa Cerveza USA to create the largest import and specialty brewer and distributor in the United States NA 1994
Frito Lay de Venezuela Sale of a controlling interest in Frito Lay de Venezuela to PepsiCo NA 1994
*Athelera acted as financial advisor in the transaction