OREANDA-NEWS. On 23 July 2008 was announced, that Hogan & Hartson LLP advised Industrial Investors, a Russian private equity group, on the sale of Russian Alcohol Group to Lion Capital, a British private equity group which focuses on the consumer products sector.

A consortium of investors led by Lion Capital and including, among others, Goldman Sachs Group, Inc., and Central European Distribution Corporation, acquired a majority stake in Russian Alcohol Group, the largest producer of vodka and ready-to-drink alcoholic beverages in Russia.

Industrial Investors and Russian Alcohol Group were advised by an international team of lawyers from Hogan & Hartson, led by Paris partner Xenia Legendre. The Hogan & Hartson team also included partners Sarah Atkinson and Austen Hall (London), partner Ilya Rybalkin (Moscow), and partner Waajid Siddiqui (New York).

“The coordination between lawyers from Hogan & Hartson’s European and U.S. offices on this deal demonstrates the firm’s ability to advise clients on large cross-border matters,” said William J. Curtin, III, Chair of Hogan & Hartson’s European Corporate, Finance, and Securities Group.

Lion Capital was advised by Weil, Gotshal & Manges (London partner, Ian Hamilton) and PricewaterhouseCoopers in London.