Global law firm White & Case has advised Cobepa on the increase of its equity share in JF Hillebrand Group AG's to become the majority shareholder. The transaction closed on 30 August 2016.

JF Hillebrand Group AG ("JFH") is a German company which offers comprehensive logistics services for the transport of beer, wine and spirits in 88 countries across the world.

Cobepa SA, an independent, privately-held investment company who was already JFH's largest shareholder, acquired part of MOL Logistics' shares, who withdrew from JFH's shareholding. As a result, Cobepa now owns 54.9% of JFH's share capital. The remaining 20% of the MOL Logistic's stake has been acquired by Sofina SA, a Belgian investment company.

This transaction involved multiple jurisdictions, namely Belgium, Japan, Hong Kong and Germany and demonstrated White & Case's capacity to handle challenging transnational operations in a highly efficient manner. "In this new transaction, we represented our longstanding client Cobepa, which further illustrates our commitment in building strong and lasting relationships with our clients," said Brussels-based Partner Thierry Bosly, who led the Firm's deal team.

The White & Case team in Brussels which advised on the transaction was led by partner Thierry Bosly with support from partner Pontus Lindfelt, local partner Jérémie Jourdan, and associates Marie Georgy, Thomas Glauden, Sophie Sahlin and Lynn Diamond.