Latham & Watkins has advised PAI Partners and British Columbia Investment Management Corporation (BCI) in connection with the sale of a majority stake in Refresco, one of the world’s largest independent beverage contract manufacturers, to KKR.
As part of the transaction, PAI Partners and BCI will retain a significant minority position in Refresco.
Founded in 1999, Refresco has pan-regional coverage in Europe and North America through its network of bottling, warehousing, logistics and other operational assets. Its production platform includes over 70 majority-owned manufacturing sites in Europe, the US, Canada and Mexico.
Read more: Private Equity Wire
