W&P is proud to represent Hokkan Holdings Corporation (Hokkan), one of the largest Japanese bottling and packaging maker companies, in its 1,262 billion Indonesian Rupiah or approximately 9.5 billion yen acquisition of beverage package manufacturing business from 7 group companies of PT. Deltapack Industri (DPI group), which includes transfer and assignment of substantial DPI group’s moveable and immovable assets as well as business portfolios.
W&P assisted the structuring of the transaction, the multi layers transfers and the preparation of all transaction documents, where the acquisition was conducted through a new JV company Indonesia of beverage package manufacture between Hokkan and DPI Group, which fiscal year of 2019 is forecasted at IDR 1,100,000,000,000 (approx. 8.3 billion yen). The team is led by Mr. Luky Walalangi, Ms. Miriam Andreta, supported by Mr. Hans Adiputra, Mr. T. Anggra Syah Reza, Mr. Andhika Indrapradja and Mr. Wisnu Renansyah Jenie.