Cadbury Schweppes Acquires Adams Brands from Pfizer

On March 30, 2003, Cadbury Schweppes plc acquired Adams, the branded global confectionery and manufacturing division of Pfizer Inc., for US$4.2 billion. The Canadian component of the global transaction was structured as an asset purchase whereby Toronto-headquartered Cadbury Trebor Allan Inc., the Canadian wholly owned subsidiary of Cadbury Schweppes, acquired the Adams division of Pfizer Canada Inc.

The Cadbury Trebor Allan in-house legal team was led by Shari Hosaki, vice-president, general counsel and secretary. In Canada, Cadbury Trebor Allan was represented by Bennett Jones LLP with a team led by John Rook, Q.C., Bruce Barker and Matthew Howorth (corporate), and assisted by Mary Beth Currie and Sharon Duffy (employment), Chris Brown (pension & benefits), Stan Ebel (tax), Martin Kratz (intellectual property), Simon Crawford (real estate) and Brent Jay (commodity tax). Shearman & Sterling in New York, acted as global counsel to Cadbury Schweppes, with a team led by Creighton Condon, Kenneth Gerasimovich and Andrew Noreuil (corporate).

The Pfizer Canada legal team was led by in-house counsel Karyn Pellatt, assisted by Jesmond Parke. Cassels Brock & Blackwell LLP also represented Pfizer Canada, with a team that included Phil Spencer, Q.C., Frank Monteleone and Carol Anne O’Brien (competition), Stuart English and Craig Podrebarac (corporate), Paul Muchnik (real estate) and Andrew Reback (tax). Cadwalader, Wickersham & Taft LLP in New York, acted as global counsel to Pfizer Inc., with a team that included Dennis Block and Louis Bevilacqua (corporate) and Linda Swartz (tax).


Louis J. Bevilacqua Matthew J. Howorth Simon P. Crawford M. Sharon Duffy Bruce C. Barker Stanley R. Ebel Andrew M. Reback Kenneth A. Gerasimovich Martin P.J. Kratz Christopher A. Brown Linda Z. Swartz Paul A. Muchnik R. Craig Podrebarac Mary Beth Currie Dennis J. Block John F. Rook Carol Anne O'Brien Philip Spencer Creighton O'M. Condon Stuart A. English Andrew. J Noreuil C. Brent Jay


Bennett Jones LLP Bennett Jones LLP Shearman & Sterling LLP Cassels Brock & Blackwell LLP Cadwalader, Wickersham & Taft LLP