Commercial Transactions and M&A

Featured Publication: Guide to Doing Business in Thailand
Contacts
T: +84 8 3936 2069
T: +855 23 964 210

T: +66 2056 5995
T: +66 2056 5995
T: +95 1 255 208

Tilleke & Gibbins helps clients structure and implement strategic transactions that accelerate vertical or horizontal integration and industry consolidation. 

We serve both international clients wishing to acquire operations in Asia and domestic clients wishing to invest in businesses abroad. Free-trade agreements and financial liberalization make companies in Southeast Asia attractive assets for foreign investors. The increased strength of regional currencies and economies has encouraged local operators to invest internationally to increase their competitiveness. Both types of investors rely on our global and regional expertise in mergers, acquisitions, joint ventures, corporate restructuring, and other vehicles for equity investment.

Our clients also tap into our worldwide network of associated law firms to assist with cross-border transactions and benefit from our unique ability to negotiate and draft key contracts in languages including Thai, Vietnamese, Japanese, Mandarin, French, and English. 

We help our clients develop and execute global strategies for business growth. Read about some of our recent representative work. We have:

  • Represented a leading pharmaceutical  company in Thailand and Vietnam in connection with its merger with another multinational pharmaceutical company. We advised on various commercial agreements. We also provided guidance on the procedural steps and permits required before and after the integration of the two companies and implications in terms of employees, businesses, licenses, reorganization, etc. After the integration became effective, we helped the subsidiaries comply with various legal requirements and assisted our client in obtaining the necessary permits.

  • Helped a manufacturer establish a subsidiary for the purpose of relocating its production facility to Thailand. The project was promoted by the Board of Investment and had an investment value of more than THB 100,000,000. We reviewed the joint venture agreement and advised on corporate law, relevant regulations, and necessary permits. We assisted the client in obtaining  permits from the Industrial Estate Authority of Thailand and the Board of Investment to buy land and initiate the project. In addition, we conducted a thorough review of the deposit agreement, land purchase and sale agreement, and utilities service agreement.

  • Conducted due diligence on behalf of a financial institution considering whether to finance the build out of a state-owned operator’s planned 3G network in Thailand and advised the financial institution regarding risk factors. The proposed loan amount as publically disclosed exceeded USD 500,000,000.

  • Advised a diversified manufacturing company in regard to Thailand acquisition financing related to its global acquisition of a plastic division in a USD 11.6 billion cash deal. We assisted in the acquisition of the Thai subsidiaries of the plastic division.

  • Advised a financial fund from Australia on establishing a subsidiary for the purpose of acquiring the pharmaceutical department of a large multinational corporation in Thailand. In order to facilitate this key acquisition, we provided guidance on the regulations on importing and distributing pharmaceutical products in Thailand, as well as on the establishment of a Thai subsidiary. We assisted the client in obtaining approval from the Board of Investment of Thailand. By providing related tax advice, we were able to help the client plan and mitigate tax implications of importing and distributing products from Australia, including advice on regulatory requirements from the Food and Drug Administration. The total value of the project exceeded USD 20,000,000.

  • Assisted a Japanese plastics molding company in its share acquisition of a foreign-owned injection molding subsidiary with over 900 local employees in two separate facilities.

  • Assisted in structuring an airline alliance. As two major international carriers were organizing a joint venture, the firm was approached to assist. The joint venture is now in operation, and has helped to position both carriers for improved profitability.

  • Applied for and obtained an investment certificate for a rapidly expanding U.S. Internet company to set up shop and conduct business in Vietnam. Worked with the client to secure a local joint venture partner and structured the deal to allow the client to retain independence and control of the company.

  • Advised a leading producer of semiconductor processing equipment on contracts between the target company and a third party.

Name Position Office

Santhapat Periera

T:+66 2056 5995

E-mail

Partner
Bangkok
Vientiane
Yangon

Thomas J. Treutler

T:+84 4 3772 5633

E-mail

Partner
Hanoi
Ho Chi Minh City

Tiziana Sucharitkul

T:+66 2056 5777

E-mail

Partner
Bangkok

Athistha (Nop) Chitranukroh

T:+66 2056 5600

E-mail

Of Counsel
Bangkok

Dat Hoang Truong

T:+84 8 3936 2070

E-mail

Of Counsel
Ho Chi Minh City

Jeffrey J. Blatt

T:+66 2056 5644

E-mail

Of Counsel
Bangkok

Anake Rattanajitbanjong

T:+66 2056 5510

E-mail

Associate
Bangkok

Aye Thuzar Hlaing

T:+95 1 255 208

E-mail

Associate
Yangon

Chaiwat Keratisuthisathorn

T:+66 2056 5507

E-mail

Associate
Bangkok

Chuyen Hong Huu Le

T:+84 8 3936 2079

E-mail

Associate
Ho Chi Minh City
Datesort icon Title
April 25, 2017

ASEAN Business and Investment Law: Focus on Myanmar Legal Issues

Yuwadee Thean-ngarm

Yuwadee Thean-ngarm, director of Tilleke & Gibbins’ Myanmar operations, will be participating in a training course on “ASEAN Business and Investment Law” being held in Bangkok. Organized by...

Read more

April 13, 2017

Waewpen Piemwichai to Speak on Franchising in Vietnam

Waewpen Piemwichai

On April 27, attorney-at-law Waewpen Piemwichai will give a presentation on the regulatory requirements for franchising in Vietnam as a part of “Hanoi International Franchise Discovery Day.” The...

Read more

April 12, 2017

Tilleke & Gibbins Named ALB Employer of Choice 2017

For the fifth year in a row, Tilleke & Gibbins has been named “Employer of Choice” in Thailand in a survey conducted by Asian Legal Business.

The rankings were determined...

Read more

April 12, 2017

ALB Southeast Asia Law Awards 2017: Tilleke & Gibbins Earns Nominations in Four Categories

Tilleke & Gibbins has been nominated for two national categories and two regional categories in the Asian Legal Business  Southeast Asia Law Awards 2017. This year’s winners will...

Read more

February 27, 2017

Waewpen Piemwichai to Speak at Seminar for Thai Investors into Vietnam

Waewpen Piemwichai

On March 16, Waewpen Piemwichai of Tilleke & Gibbins will speak at a seminar at the Shangri-La Hotel in Bangkok with the theme of “Vietnam: Integration – Opportunities – Growth.” The event, co...

Read more

Datesort icon Title
February 6, 2017

PLC Doing Business in … Global Guide 2017 – Vietnam Chapter

Attorneys from Tilleke & Gibbins have written the Vietnam chapter of Practical Law Company’s Doing Business in … Global Guide, an essential handbook for businesses looking to expand...

Read more

January 24, 2017

PLC Doing Business in … Global Guide 2017 – Thailand Chapter

Michael Ramirez, Kasma Visitkitjakarn, Sriwan Puapondh, Darani Vachanavuttivong

The 2017 edition of Doing Business In…, a Q&A-style guide published by Practical Law Company in collaboration with Lex Mundi, presents an overview of...

Read more

January 23, 2017

Thailand: New Law on Interest Overcharging

Napat Siri-armart

The first enactment of Thailand’s Interest Overcharging Law, which came into effect in 1932, prohibited any person from loaning money to another person and subsequently charging them interest at a...

Read more

January 15, 2017

International Franchising (Second Edition, Release 5) – Thailand Chapter

Sriwan Puapondh, Alan Adcock

Sriwan Puapondh, of counsel, and Alan Adcock, partner, of Tilleke & Gibbins have coauthored the Thailand chapter of International Franchising, Second Edition (Release 5, 2016), a...

Read more

January 15, 2017

International Franchising (Second Edition, Release 5) – Vietnam Chapter

Michael K. Lee, Jim Dao, Tu Ngoc Trinh

Franchising experts from Tilleke & Gibbins’ corporate and commercial group have contributed the Vietnam chapter to International Franchising, Second Edition (Release 5, 2016), a guide...

Read more