Kirkland & Ellis LLP is representing Molson Coors Brewing Company in its joint venture with SABMiller plc to combine their U.S. operations in a new entity to be named MillerCoors. The joint venture has a combined value of about $10 billion, with annual revenues of $6.6 billion. Kirkland was engaged by Molson Coors to handle the corporate aspects of the transaction. The deal is expected to close in mid-2008.
Kirkland has been long-time counsel to Molson Coors, including its predecessor Adolph Coors Company. In particular, the Firm advised Coors in its merger with Molson in 2004 and have advised it in a number of M&A and financing matters since the Molson merger.
The Kirkland team consisted of partners R. Scott Falk, Robert M. Hayward (corporate), Jeffrey T. Sheffield (tax) and Christian O. Nagler (securities), and associates Roger D. Rhoten, Brian H. Axelrad, Ryan D. Durrie (corporate), and Angela Rohman Russo (tax).
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Kirkland & Ellis LLP is a 1,300-attorney law firm representing global clients in complex litigation, dispute resolution and arbitration, corporate, restructuring, tax and intellectual property and technology matters. The Firm has offices in Los Angeles, Chicago, Hong Kong, London, Munich, New York, San Francisco and Washington, D.C.