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

Kasma Visitkitjakarn

T:+66 2056 5542

E-mail

Associate
Bangkok

Kien Trung Trinh

T:+84 4 3772 5567

E-mail

Associate
Hanoi

Kitti Thaisomboon

T:+66 2056 5539

E-mail

Associate
Bangkok

Luxsiri Supakijjanusorn

T:+66 2056 5535

E-mail

Associate
Bangkok
Yangon
Vientiane

May Thwe Hlaing

T:+95 1 255 208

E-mail

Associate
Yangon

Napat Siri-armart

T:+66 2056 5537

E-mail

Associate
Bangkok

Nitipong Boonsong

T:+66 2056 5810

E-mail

Associate
Bangkok
Vientiane
Yangon

Nutavit Sirikan

T:+66 2056 5560

E-mail

Associate
Bangkok

Nwe Oo

T:+95 1 255 208

E-mail

Associate
Yangon

Passanan Suwannoi

T:+66 2056 5603

E-mail

Associate
Bangkok
Datesort icon Title
December 2, 2016

Dataconsult Panel Discussion: U.S.–Thai Relations Following Trump’s Election Victory

David Lyman

David Lyman, Chairman and Chief Values Officer at Tilleke & Gibbins, will be a panelist at the Thailand Regional Forum dinner event in Bangkok, to be held on Thursday, December 8.

The...

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November 16, 2016

Laos Rankings: Legal 500 Places Tilleke & Gibbins Among Leading Firms

For the first time, The Legal 500 Asia Pacific  has ranked Tilleke & Gibbins in the category of “Leading Firms” in Laos, with a "Tier 2" ranking placing the firm among the top...

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November 16, 2016

Tier 2 Ranking for Corporate and M&A in Myanmar Awarded to Tilleke & Gibbins by Legal 500

The Tilleke & Gibbins Myanmar practice has been awarded a “Tier 2” ranking in Corporate and M&A work in the country by The Legal 500 Asia Pacific, a guide to the preeminent firms...

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November 16, 2016

The Legal 500 Asia Pacific 2017: Twelve Tilleke Attorneys Named as “Leading Individuals”

The 2017 edition of The Legal 500 Asia Pacific  has named 12 Tilleke & Gibbins lawyers as “Leading Individuals” across Southeast Asia:

...

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November 14, 2016

Euromoney Asia Women in Business Law Awards 2016: Tilleke & Gibbins Named Thailand Firm of the Year

Tiziana Sucharitkul, Darani Vachanavuttivong

Tilleke & Gibbins has been named Thailand Firm of the Year at the Euromoney Legal Media Group Asia Women in Business Law Awards 2016. The awards ceremony was held on November 9 at the JW...

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Datesort icon Title
August 1, 2016

Laos: Lao Language Required for Labels on Products and Packaging

Dino Santaniello

The Department of Industry and Commerce of Vientiane recently announced a requirement that business operators manufacturing products in Laos, or importing products from foreign countries into Laos...

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July 27, 2016

Thailand’s Free Trade Agreements: Minimizing Costs for Businesses

Free trade agreements (FTAs) provide a range of benefits to businesses. FTAs, which are agreed upon between two or more countries, allow companies in those countries to trade in certain goods with...

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July 20, 2016

Myanmar: Trade Restrictions Removed for Traders of Construction Materials

Yuwadee Thean-ngarm, Nwe Oo, Sher Hann Chua

On July 7, 2016, Myanmar’s Ministry of Commerce issued a Notification to remove trade restrictions on local-foreign joint venture companies trading in construction materials.

With the...

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July 6, 2016

Thailand: New Procedural Rules for Selecting PPP Projects

David Beckstead

The Policy Board, established under the Act Allowing Private Entities to Make Joint Investments in State Businesses, has issued a Notice setting out different procedural rules for the selection...

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June 30, 2016

Marketing Private Funds and Discretionary Account Services (Eighth Edition) – Thailand Chapter

David Duncan

Marketing Private Funds and Discretionary Account Services  (Eighth Edition), published by Deacons, the Lex Mundi member firm for Hong Kong, provides...

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