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KG Advises CC Beverages Holdings on Acquisition of Three Cents

KG Advises CC Beverages Holdings on Acquisition of Three Cents

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Kyriakides Georgopoulos has advised CC Beverages Holdings II on its EUR 45 million acquisition of Three Cents from S.I.C.C Holding Limited.

The closing of the transaction remains contingent on regulatory approval.

CC Beverages Holdings II is a wholly-owned subsidiary of Coca-Cola HBC. S.I.C.C Holding Limited is a wholly-owned subsidiary of Ideal Holdings – a publicly-listed information technology company in Greece. 

According to KG, “the acquired company is the owner of the popular super-premium mixer product line under the Three Cents brand, offering artisanal beverages crafted without preservatives or artificial colorings.”

KG’s team included Senior Partner Konstantinos Vouterakos, Partners Apostolos Georgantas, Ioanna Kyriazi, and Elina Georgili, Counsel Maria Spanou, and Associates Marianna Katsifi and Despina Korovesi.

Editor's Note: After this article was published, Sarantitis confirmed it advised Ideal Holdings on the deal. The firm's team was led by Managing Partner Dorotheos Samoladas.