---
title: "Acuity Law assisted Webber Wentzel in funding of INR 13.2 billion (~USD 159 million)."
date: 2024-03-04
author: "KM Team"
url: https://acuitylaw.co.in/news/acuity-law-assisted-webber-wentzel/
---

# Acuity Law assisted Webber Wentzel in funding of INR 13.2 billion (~USD 159 million).

Posted On - 4 March, 2024 • By - KM Team

![](https://acuitylaw.co.in/wp-content/uploads/2024/03/Bevco.png)

We are pleased to announce that in the transaction involving Varun Beverages Limited’s proposed acquisition of South Africa-based The **Beverage Company (Proprietary) Limited**and its wholly-owned subsidiaries (BEVCO), Acuity Law assisted **Webber Wentzel**, legal counsel to BEVCO and its shareholders, on India law related matters. BEVCO is engaged in the business of manufacturing and distributing licenced (PepsiCo Inc.)/ own-branded non-alcoholic beverages in South Africa. The proposed acquisition by Varun Beverages of BEVCO is at an enterprise value of INR 13.2 billion (~USD 159 million). To read more about the transaction please click [**here**](https://www.business-standard.com/companies/news/varun-beverages-ltd-to-acquire-the-beverage-company-for-rs-1-320-cr-123121900845_1.html).

The team at Acuity Law was led by Souvik Ganguly.

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## Acuity Law

- Website: https://acuitylaw.co.in
- Contact: richagotech@gmail.com