Latham & Watkins has advised Platinum Equity on the acquisition of premium rum blending specialist E&A Scheer, the largest global blender and vendor of premium rum in bulk, from The Riverside Company. Financial terms of the transaction were not disclosed.
The E&A Scheer investment was led by Platinum Equity's Small Cap investment team, which is experienced in acquiring businesses in Europe and in the food and beverage sector in particular.
The Latham team was led by London corporate partners Farah O’Brien and Maarten Overmars, with associates Antonina Semyachkova and Amber Tope. Advice was provided on finance matters by London partners Dominic Newcomb and Joseph Kimberling, with associates Felix Buddee, Chris Devine, and Rowena McCaughan; on tax matters by London partner Karl Mah and New York partner Matthew Dewitz, with associate Catherine Hill; on antitrust matters by London partner Jonathan Parker, Brussels partner Sven Völcker and counsel Philipp Studt, with associate James Mathieson; and on ESG matters by London partner Paul Davies and counsel Michael Green, with associate James Bee.