# PAI Partners gets competition clearance for Refresco acquisition

Refresco announced that the European Commission and US and Chinese authorities cleared its sale to PAI Partners and British Columbia Investment Management Corporation. Shareholders had until 19 March to offer their shares.

- Type: Acquisition
- Announced: 2018-02-15
- Status: announced
- Products: soft drinks, fruit juices

## Companies

- [Refresco](https://endata.com/companies/1823.md) (target)
- [PAI Partners](https://endata.com/companies/2836.md) (acquirer)
- [British Columbia Investment Management Corporation](https://endata.com/companies/2837.md) (investor)
- [Sun European Partners](https://endata.com/companies/3040.md) (investor)
- [Albéa](https://endata.com/companies/3041.md) (target)

## Sources

- [esmmagazine.com](https://www.esmmagazine.com/packaging-design/pai-partners-clearance-refresco-acquisition-55842), 2018-02-15: "The parties have received approval from the European Commission, as well as relevant authorities in the US and China, for the sale of the business to PAI Partners and British Columbia Investment Management Corporation."
- [suncappart.com](https://suncappart.com/2018/03/26/an-affiliate-of-sun-european-partners-llp-completes-the-sale-of-albea/), 2018-03-26: "Sun European Partners, LLP ("Sun European Partners") today announces that one of its affiliates has completed the sale of its investment in Albéa."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.