The Coca-Cola Company (NYSE:KO), Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF), Corporacion Del Fuerte, Embotelladora Andina S.A. (SNSE:ANDINA-B), Jugos Del Valle S.A. de C.V., Coca-Cola Embonor S.A. (SNSE:EMBONOR-A), Embotelladora Del Nayar, S.A. De C.V., Sorocaba Refrescos S.A., Reginald Lee S.A., Montevideo Refrescos, S.A., Arca Continental, S. A. B. de C. V. (BMV:AC *), Bepensa S.A. de C.V., Uberlandia Refrescos Ltda., Brasal Refrigerantes S/A., Refrescos Bandeirantes Industria E Comercio Ltda., Cvi Refrigerantes Ltda., Grupo Simões, Solar.BR Participações S.A., Embotelladora de Colima and Corporacion Rica entered into an agreement to acquire AdeS from Unilever PLC (LSE:ULVR) for approximately $580 million on June 1, 2016. Post-acquisition, AdeS business will become part of the non-carbonated beverage platforms that Coca-Cola FEMSA shares with The Coca-Cola Company in its franchise territories. In 2015, AdeS generated net revenues of $284 million. The transaction has been approved by the Boards of Directors of The Coca-Cola Company, Coca-Cola FEMSA, and Unilever. The transaction is subject to regulatory approvals and customary closing conditions. As of September 27, the Superintendency General of the Administrative Council for Economic Defense (Cade) approved the deal. Samantha Mobley, Michelle Blunt, Duncan Reid-Thomas, David Scott and Josephine Hopkins of Baker & Mckenzie LLP, London acted as legal advisors and Lazard & Co., Limited acted as financial advisor for Unilever PLC. Sarah Jones, Timothy Cornell, Andrew Coffield, Daryl Fairbairn, Jennifer Saionz, Lane Feler, Micah Lewis, Satbir Walia, Ana Vide, Rebecca Pereira and Thais Garcia of Clifford Chance US LLP acted as legal advisors for The Coca-Cola Company.

The Coca-Cola Company (NYSE:KO), Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF), Corporacion Del Fuerte, Embotelladora Andina S.A. (SNSE:ANDINA-B), Jugos Del Valle S.A. de C.V., Coca-Cola Embonor S.A. (SNSE:EMBONOR-A), Embotelladora Del Nayar, S.A. De C.V., Sorocaba Refrescos S.A., Reginald Lee S.A., Montevideo Refrescos, S.A., Arca Continental, S. A. B. de C. V. (BMV:AC *), Bepensa S.A. de C.V., Uberlandia Refrescos Ltda., Brasal Refrigerantes S/A., Refrescos Bandeirantes Industria E Comercio Ltda., Cvi Refrigerantes Ltda., Grupo Simões, Solar.BR Participações S.A., Embotelladora de Colima and Corporacion Rica completed the acquisition of AdeS from Unilever PLC (LSE:ULVR) on March 28, 2017.