Sorainen Belarus advised Baltic Beverages Holding (BBH), a member of the Carlsberg Group, on an increase of its stake in Brewing company Alivaria, Belarus’ oldest existing brewer. In the result of the transaction, BBH acquired an additional 10.5% of voting shares in Alivaria from the European Bank for Reconstruction and Development. Earlier, Sorainen Belarus advised Carlsberg Group in connection with acquiring a majority stake in Alivaria.

The team, headed by senior associate Viktoryia Mikhnevich, advised on procedural issues for the share acquisition: obtaining the necessary authorisations and conducting the transaction through the trading platform of the Belarusian Stock & Currency Exchange, preparing transaction documents, coordinating the brokers and depository involved, as well as transfer of shares, plus advising the client on other related issues.

Carlsberg Group is one of the largest global brewers with a widespread brand portfolio of beer and other beverages.

‘Alivaria’ is beer brand number one in Belarus according to the 8th rating of national brands of Belarus ‘BelBrand 2017 – Top 100 Belarusian brands’ and owns the most diverse portfolio of beer and kvass brands in Belarus.