Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Clifford Chance says it advised Maxim’s on its Starbucks business reorganization
Clifford Chance said it advised Maxim’s Caterers on a reorganization involving its Starbucks licensed business and DFI Retail Group. The firm said the arrangements included a transfer involving Coffee Concepts, DFI’s exit from Maxim’s and Hong Kong Caterers becoming Maxim’s sole shareholder.
Key points
- The firm said the Starbucks business spans more than 1,100 stores in seven markets.Clifford Chance
- Clifford Chance named Thailand, Hong Kong, Macau, Vietnam, Singapore, Cambodia and Laos as those markets.Clifford Chance
- The firm said Maxim’s was established in 1956 and its joint venture with DFI began in 1972.Clifford Chance
- Clifford Chance said Bryan Koo and Tommy Tam led its team.Clifford Chance