Firms To Watch: Corporate and M&A

The recently established practice at IAS Advisory is led by founding partner Siripen Kulworakulpitak who is well versed in the establishment of operations in Thailand.

Corporate and M&A in Thailand

Baker McKenzie LLP

Characterised by its depth and breadth of expertise, Baker McKenzie LLP is also lauded for its ‘wide spectrum of expertise in M&A with SEC-related aspects.’ With strength in numbers, the practice is jointly led by Peerapan Tungsuwan, who specialises in highly regulated industries, such as healthcare, life sciences, and natural resources; antitrust-expert Pornapa Luengwattanakit who specialises in matters regarding M&A criteria and merger controls; Sorachon Boonsong, who brings real estate and insurance knowledge to the group; Sivapong Viriyabusaya, who routinely handles M&A and joint venture transactions, as well as business entries into Thailand; Sumet Orsirivikorn, who has a keen eye for the renewables sector; Ampika Kumar, a consumer goods and retail expert, and Yuthana Sivaraks.

Responsables de la pratique:

Pornapa Luengwattanakit; Peerapan Tungsuwan; Sorachon Boonsong; Sivapong Viriyabusaya; Yuthana Sivaraks; Sumet Orsirivikorn; Ampika Kumar


 


Les références

‘Always updating legal knowhow to customers. Skill full in corporate law, including M&A practice, plus how to manage disputes among shareholders.’

‘Know customer’s need.’

‘Wide spectrum of expertise in M&A with SEC-related aspects.’

Principaux clients

Proud Real Estate Public Co., Ltd.


Earth Tech Environment Public Company Limited


Better World Green Public Company Limited


Polaris Scientific Buyer, Inc.


CG Capital Advisory


RS Public Company Limited


Taithongchai Family and its holding companies


Keppel Telecommunications & Transportation Ltd


LINE MAN Wongnai


Dover Corporation


International Schools Partnership Limited


Sika (Thailand) Limited


Grab Holdings Inc


MK Restaurant Group Public Company Limited


Muang Thai Life Assurance Public Company Limited


KT Restaurant Co., Ltd.


Country Group Development Public Company


Electricity Generating Public Company Limited


Landmark Holdings Company Limited


K.E. Group / REIT


Accretive Capital Real Estate Company Limited


PTT Oil and Retail Business Public Company Limited


Bhiraj Buri Co., Ltd.


Gulf Overseas Investment Trading Corporation


PTT Oil and Retail Business Public Company Limited


ALLY Leasehold Real Estate Investment Trust


Kerry Express (Thailand) Public Company Limited


Energy Absolute Public Company Limited


Aapico Hitech


Unilever Thai Trading Limited


B.Grimm Joint Venture Holding Limited


Clayton, Dubilier & Rice, LLC


Khon Kaen Fishing Net Factory Co., Ltd.


SCG Logistics Management Co., Ltd.


Polaris Scientific Buyer, Inc.


SCG JWD Logistics Public Company Limited


AGC Inc.


Super Energy Corporation Public Company Limited


Choco Card Enterprise Co., Ltd.


ExxonMobil Asia Holdings Pte. Ltd.


Kasikornbank Public Company Limited


Khotkool Co.,Ltd


Principaux dossiers


  • Advised Sika on the successful $5.6bn acquisition of the Master Builder Construction Chemicals Group from Lone Star.
  • Advised LINE MAN Wongnai on the acquisition Living Mobile, an operator of a POS system software “FoodStory”
  • Advised RS Public Company Limited on the sale of RS music catalog assets to, and joint venture with, Universal Music Group.

Linklaters

Praised for its ‘deep local knowledge combined with global expertise in M&A', Linklaters is involved in M&A transactions involving major companies in the energy, financial services, consumer technology, media, and telecommunications industries. Wilailuk Okanurak and Sutthipong Koohasaneh are responsible for jointly heading the practice; Okanurak draws on extensive experience advising on corporate, energy, banking, and capital markets transactions, while Koohasaneh regularly handles M&A transactions, takeovers, joint ventures, foreign investments, and merger control matters. Key members of the practice include Pichitpon Eammongkolchai, who is a key contact for clients in the retail, consumer, and real estate sectors; Wanwisar Nakarat, who is active in the petrochemical, energy, and infrastructure sectors, and Pornpan Chayasuntorn, whose expertise lies in public M&A, corporate restructuring, and joint ventures.

Responsables de la pratique:

Wilailuk Okanurak; Sutthipong Koohasaneh


Autres avocats clés:

Pichitpon Eammongkolchai; Wanwisar Nakarat; Pornpan Chayasuntorn


Les références

‘Very strong knowledge and excellent communication.’

‘This team has deep local knowledge combined with global expertise in M&A, coordinating cross-border transactions involving multiple jurisdictions.’

‘It is well known for developing creative solutions to navigate complex legal and regulatory issues.

Principaux clients

Allianz


Amundi


Ares SSG Capital Management


Asean Industrial Growth Fund Pte Ltd


Ascend Capital Co., Ltd.


Bayer


Bangkok Bank Pcl


Braskem


Carrier Global Corporation


Casino Guichard-Perrachon


Charoen Pokphand Food Public Company Limited


Charoen Pokphand Group


CP ALL Public Company Limited


CP Axtra Public Company Limited


CIMB Thai Bank Public Company Limited


Citi


The Dow Chemical Company


Ek-Chai Distribution Company Limited


Esso (Thailand) Plc


Emerging Markets Investment Fund 1A


Generali


Gulf Energy Development Public Company Limited


Gunkul Public Company Limited


Holcim Limited


ING Group


Jardines Group


KASIKORNBANK Public Company Limited


Kerry Logistics Network Limited


KKR (private equity)


Krungsri Finnovate Co., Ltd.


Linde (Thailand) Public Company Limited


Line Man Corporation


Manulife


Maxim’s Caterers Limited


Minor International Public Company Limited


Morgan Stanley Private Equity


Muang Thai Life Public Company Limited


Osotspa Co., Ltd.


PAG (private equity)


PTT Exploration and Production Public Company Limited


PTT Global Chemical Public Company Limited


PTT Oil and Retail Business Public Company Limited


RATCH Group Public Company Limited


The Siam Commercial Bank Public Company Limited


SC Capital Partners Group


SCB 10X Co., Ltd.


Siam City Cement Public Company Limited


Singha Ventures


Standard Chartered Bank


Star Petroleum Refining Public Company Limited


Suntory


Swire Pacific Limited


Thaioil Public Company Limited


TE Asia Healthcare Partners


The Bank of Tokyo-Mitsubishi UFJ Ltd


TPG Capital (S) Pte Ltd


True Corporation Public Company Limited


True Vision Group


Principaux dossiers


Chandler Mori Hamada Limited

The corporate and M&A practice at Chandler Mori Hamada Limited boasts particular expertise in cross-border transactions involving large Japanese corporates and Japanese FDI. Sectors of focus for the group include hospitality, automotive, real estate, retail, manufacturing, and renewable energy. Arkrapol Pichedvanichok is responsible for leading the practice and specialises in joint ventures, merges, acquisitions, and foreign investment in Thailand. Wongsakrit Khajangson is a name to highlight for his extensive debt restructuring, commercial dispute, and M&A knowledge, notably regarding regulatory compliance issues involved in such transactions.

Responsables de la pratique:

Arkrapol Pichedvanichok


Autres avocats clés:

Wongsakrit Khajangson; Koonlacha Charungkit-anant; Seiji Akimoto


Les références

‘They are the leading law firm in Thailand. Highly responsive to client’s requests, and highly commercial. We are very happy to work with them. ’

‘Chandler MHM is exceptionally responsive and available to deal with our needs. It is a standout among Thai firms.’

‘Highly competent team leader and team members with in-depth knowledge and a practical business point of view. High negotiating skill, high responsiveness.’

Principaux clients

ThaiNamthip Limited


ThaiNamthip Corporation Limited


Principaux dossiers


  • Advised ThaiNamthip on the formation of a north ASEAN bottling alliance.

DLA Piper

DLA Piper is at the forefront of M&A and investment transactions in the energy, technology, financial services, insurance, real estate, healthcare, and manufacturing sectors in Thailand. Its financial instructions M&A offering is particularly strong, as well as its banking, financial regulatory and securities expertise. Samata Masagee is responsible for leading the practice and regularly heads up M&A transactions and matters in the energy sector. Thananan Sangnuan is also a key name whose expertise lies in financial institutions and commercial banks in distressed circumstances.

Responsables de la pratique:

Samata Masagee


Autres avocats clés:

Thananan Sangnuan


Les références

‘DLA M&A team is more than just delivering high-quality work. The team fosters a collaborative environment that empowered us to feel like true partners in the process.’

‘Their open communication and regular check-ins ensured we were always informed and involved. Working with this team has been a truly exceptional experience.’

‘Their dedication to our project was evident from the very beginning. They went the extra mile to understand our specific needs and challenges, and their expertise in M&A was invaluable.’

Principaux clients

Bangchak Corporation Public Company Limited


BCPG Public Company Limited


WHA Utilities & Power Public Company Limited


INGKA Investments B.V.


Elektra AB (Publ)


Morgan Stanley Asia Ltd


WHA Venture Holding Company Limited


Frasers Property (Thailand) Public Company Limited


Hiscox Ltd


EUROP ASSISTANCE HOLDING


John Swire & Sons (H.K.) Limited


City Villa Co., Ltd.


IDP Education Limited


DAMAC Properties Co. LLC.


Real Asset Development Co., Ltd


Lumen Australia Pty Ltd


Cariva (Thailand) Company Limited


Must Be Company Limited


Oventure Group Co., Ltd.


Principaux dossiers


  • Advising Bangchak Corporation Public Company Limited on an acquisition of 65.99% stake in Esso (Thailand) Public Company Limited from ExxonMobil Asia Holdings.
  • Representing BSE Power Holdings (Thailand) Company Limited, a subsidiary of BCPG Public Company Limited, in the acquisitions of 100% equity in Parabolic Solar Power Company Limited, BS Solar Energy Company Limited, and KSS Solar Company Limited, from Green Tech Venture Public Company Limited.
  • Advising Hiscox on a 100% disposal of Hiscox’s shares in Direct Asia Insurance (Holdings) Pte Ltd in exchange for Series B shares in Ignite Thailand Holding Limited.

Hunton Andrews Kurth LLP

The capital markets practice at Hunton Andrews Kurth LLP is active in M&A transactions relating to digital platforms, fin-tech, and cryptocurrency. Another area of focus for the practice is the deregulation of cannabis cultivation and sale. Stephen Bennett sits at the head of the practice and frequently advises on M&A and capital markets transactions, notably in the telecommunications and fin-tech sectors. Somruetai Noppornprom supports the practice with her expertise in fin-tech and financial services M&A transactions. Tanagorn Thimasarn has extensive experience handling large-scale telecommunications M&A transactions.

Responsables de la pratique:

Stephen Bennett


Autres avocats clés:

Somruetai Noppornprom; Tanagorn Thimasarn


Principaux clients

UBS Group AG


KKR & Co. Inc.


Blackstone Inc


International Finance Corporation


ZF Friedrichshafen AG


ZF Automotive Safety Systems (Thailand) Co., Ltd.


Tencent Holdings Limited


Tencent Music Entertainment Group


Evonik Industries AG


ARES LLP


ARES International (Thailand) Co., Ltd.


JPMorgan Securities (Thailand) Limited


JPMorgan Chase Bank


Kasikornbank Public Company Limited


Universal Music Group


PTT International Trading USA Inc.


Electricity Generating Public Company Limited


Banpu NEXT Company Limited


Global Power Synergy Public Company Limited


APICO LLC


JERA Inc


Chubu Electric Power Company International


Travelex International Limited


Space Tech Innovation Company Limited


Principaux dossiers


  • Advising UBS Group AG as local Thai counsel on its merger with Credit Suisse Group AG and the merger/integration and consolidation of Credit Suisse Group AG’s local Thai operations, including Credit Suisse Securities (Thailand) Limited, into UBS Group AG, including all regulatory approvals required from the Thai Securities and Exchange Commission, the Bank of Thailand and the Trade Competition Commission.
  • Acted as local Thai counsel to KKR & Co. Inc. in its acquisition of a 20% stake in Singtel’s regional data centre business, which included data centres in Thailand.
  • Advising ZF Friedrichshafen AG/ ZF Automotive Safety Systems (Thailand) Co., Ltd. on the transfer of its passive safety systems division to ZF Passive Safety Systems Co., Ltd.

Siam Premier International Law Office Limited

Siam Premier International Law Office Limited is leaned on by sellers, bidders, and acquisition targets on M&A due diligence, joint ventures, leveraged buyouts, regulatory compliance, and share acquisitions. Chatchavej Chitvarakorn and Linda Osathaworanan jointly lead the practice with Chitvarakorn leading on global acquisitions and Osathaworanan specialising in regulatory compliance for IPOs. Key members of the practice include Torsakul Cunvong, who is a key contact for international and domestic banks, and Kanokon Worachanyawong, who commonly advises on trade competition implications of M&A transactions.

Responsables de la pratique:

Chatchavej Chitvarakorn; Linda Osathaworanan


Autres avocats clés:

Torsakul Cunvong; Kanokon Worachanyawong


Les références

‘The team that we worked with was very competent. They assisted us with the Thailand aspects of an M&A transaction in 2023, and were very prompt in their responses and provided concise and incisive advice.’

Principaux clients

Interhides Public Company Limited


Veritiv Operating Company


Novartis International A.G.


Bulten Fasteners AB


AGIC Capital Partners GmbH


3M Company


OSRAM


Principaux dossiers


Thanathip & Partners Legal Counsellors Limited

Distinguished by its integrated capital markets expertise, the M&A practice at Thanathip & Partners Legal Counsellors Limited is active in the entertainment, retail, healthcare, hospitality, education, insurance, and renewable energy sectors. The practice is jointly headed by founding partner Thanathip Pichedvanichok and Chawaluck Sivayathorn Araneta. Pichedvanichok leads on the firm’s significant M&A transactions, joint ventures and reorganisations, while Aranete also draws in extensive experience in the M&A and capital markets spaces.

Responsables de la pratique:

Thanathip Pichedvanichok; Chawaluck Sivayathorn Araneta


Autres avocats clés:

Nat Boonjunwetvat; Kornjan Tangkrisanakajorn; Pawee Chawalara


Les références

‘They are very supportive in both in-scope and out-scope work just to make sure that your deal is going to be completed.’

‘Thanathip & Partners has experience that helps us negotiate, assess the situation, manage timing, and resolve issues throughout the deal period until closing.’

‘Chawaluck Sivayathorn Araneta and Nat Boonjunwetvat are excellent partners. They have many qualifications to be good legal advisors e.g. having good business sense, solving problems, good relationships, strong negotiation, and excellent time management.’

Principaux clients

Gift Infinite Public Company Limited


Thaivivat Insurance Public Company Limited


Solar United Network Group


Rabbit Digital Group


Dentsu International Thailand Group


Mr. Pitharn Ongkosit


Principaux dossiers


  • Advised Mr. Pitharn Ongkosit on an acquisition of a 24.84% stake in The One Enterprise Public Company Limited.
  • Advised Rabbit Digital Group and its individual shareholders on the disposal of the group’s business to Accenture Solutions Co., Ltd.
  • Advised by Gift Infinite Public Company Limited on the acquisition of A Lot Tech Co., Ltd., and Melon Thai Co., Ltd.

Tilleke & Gibbins

The corporate and M&A practice at Tilleke & Gibbins utilises its cross-border capabilities and equity and debt transactions expertise to assist clients with mandates spanning an array of industries. Charunun Sathitsuksomboon is responsible for leading the team and oversees the firm’s high-value M&A deals. Supasit Boonsanong specialises in acquisitions, mergers, and joint ventures in the energy space. Yaowarote Klinboon excels in public and private acquisitions for Thai-listed companies, while Supasit Saypan shines in matters involving company establishment, licensing, BOI incentives, and corporate secretarial services.

Responsables de la pratique:

Charunun Sathitsuksomboon


Autres avocats clés:

Supasit Boonsanong, Yaowarote Klinboon, Supasit Saypan


Les références

‘The corporate M&A team that lead by individual Charunun Sathitsuksomboon takes priority of every client needs/specific issues the client points out to them. ’

‘Charunun Sathitsuksomboon has excellent knowledge and always has a light at the end of the tunnel for our group of companies.’

‘The team is capable of assisting in complex cross-border M&A deal, able to meet challenging deadlines, offering helpful advice regarding local laws.’

Principaux clients

AKS Corporation PCL


Asphere Innovations PCL


Aqua Corporation PCL


Boyu Capital


Egger Holzwerkstoffe Gmbh


Green Tech Ventures PCL


Hivest Capital Partners


Mitr Phol Group


Rhenus Group


Satang Corporation


Principaux dossiers


  • Assisted Boyu Capital with the Thai elements of its USD600m global acquisition of Quasar
  • Acting as Thai legal counsel to Hivest Capital Partners in its acquisition of a 100% stake in Safran Cabin Bangkok.
  • Acted for Satang Corporation and its shareholders in the sale of a 97% stake to Unita Capital.

Blumenthal Richter & Sumet Ltd.

The corporate and M&A practice at Blumenthal Richter & Sumet Ltd. is regularly tasked with corporate structuring for foreign direct investments, corporate governance mandates, and asset and share purchases and sales. Its sector expertise also spans financial services, manufacturing, automobiles, energy, and consumer goods. Andreas Richter steers the group and enjoys and strong reputation in foreign direct investment mandates. Ekkarat Ritthiplang supports the practice with his extensive M&A and real estate acquisition experience.

Responsables de la pratique:

Andreas Richter


Autres avocats clés:

Ekkararat Ritthiplang


Les références

‘Direct and fast access to partners as well as associates, very professional and well connected in the local networks.’

‘Very grounded attitude, working along practical solutions, giving usable advise for day to day business, also in court cases.’

‘The team is willing to help to find the best solutions.’

Principaux dossiers


SCL Nishimura & Asahi Ltd

SCL Nishimura & Asahi Ltd counts statutory boards, government agencies, domestic, and multinational companies among its client roster. The strong triad responsible for leading the group is Jirapong Sriwat, Nuttaros Tangprasitti, and Apinya Sarntikasem. Sriwat is a key port of call for domestic and international investors, investment banks, private equity investors, hedge funds, and financial institutions. Tangprasitti’s expertise lies in M&A, joint ventures, and corporate reorganisations. Sarntikasem is a key name for matters involving venture capital, data protection, and renewable energy. Christopher Osborne joined the firm from Watson Farley & Williams (Thailand) Limited in October 2023.

Responsables de la pratique:

Jirapong Sriwat; Nuttaros Tangprasitti; Apinya Sarntikasem


Autres avocats clés:

Christopher Osborne


Principaux clients

BCPG Public Company Limited


Marubeni Corporation


Toyo Ink SC Holdings Co., Ltd.


Aurelius Group


Terra Renaissance


Sumida Electric (Thailand) Co., Ltd.


CoorsTek, Inc.


CoorsTek Advanced Materials (Thailand) Co., Ltd.


NGK Ceramics (Thailand) Co., Ltd.


YKK AP Inc.


ISTS (Thailand) Company Limited


Yamaha Motor Electronics (Thailand) Co., Ltd.


Indian Family investors


KFC Holdings Japan Ltd.


Principaux dossiers


  • Represented BCPG Public Company Limited in connection with its divestment of its solar power plant projects in Japan.
  • Assisted Marubeni Corporation with a private placement subscription for a significant number of new ordinary shares in Karmarts Public Company Limited.
  • Represented YKK AP Inc., in its acquisition of YHS International Ltd., and Siam Metal Co., Ltd.

The Capital Law Office Limited

Praised for its ‘deep understanding of industry nuances and regulatory landscapes', The Capital Law Office Limited specialises in M&A transactions, joint ventures, and corporate restructurings. Patraporn Milindasuta, Pakdee Paknara, Chatri Trakulmanenate, and Paradorn Leosakul sit at the head of the practice. Milindasuta regularly represents listed companies in M&A transactions and other corporate matters. Paknara is sought out for his expertise in the energy, real estate, insurance, and financial institutions sectors. Trakulmanenate focuses his practice on complex joint ventures, while Leosakul excels in international and domestic equity offerings.

Responsables de la pratique:

Patraporn Milindasuta; Pakdee Paknara; Chatri Trakulmanenate; Paradorn Leosakul


Les références

‘The team boasts exceptional knowledge and experience in corporate law and mergers & acquisitions. Their deep understanding of industry nuances and regulatory landscapes allows them to provide insightful and strategic advice tailored to client needs.’

‘The individuals at The Capital Law Office Limited are distinguished by their exceptional expertise, dedication, and client-centric approach.;

‘They stand out due to their ability to combine legal proficiency with strategic insight, ensuring that our clients receive tailored solutions that meet their specific needs.’

Principaux clients

Advanced Info Services Public Company Limited


Amata Corporation Public Company Limited


Finansia X Public Company Limited


Sermsang Power Corporation Public Company Limited


Founders of The Refractive Surgery Center Limited


Advanced Info Services Public Company Limited


Sophisticated groups of shareholders of Siam Administrative Management and Security Guards Co., Ltd.


Sermsang Power Corporation Public Company Limited


Charoen Aksorn Holding Group Company Limited


Government Savings Bank


Lakeshore Capital Partners Co., Ltd.


Principaux dossiers


  • Advised Advanced Info Services Public Company Limited on the acquisition of shares in Triple T Broadband Public Company Limited and investment units in Jasmine Broadband Internet Infrastructure Fund.
  • Advised Amata Corporation Public Company Limited on its utilities service business restructuring.
  • Assisted Finansia X Public Company Limited with its fundraising scheme through Private Placement and rights offerings.

Weerawong, Chinnavat & Partners

Weerawong, Chinnavat & Partners counts purchaser, sellers, advisors, lenders, and financial intermediaries among its client base. Cross-border mergers, acquisitions, leveraged buyouts, and divestments all form part of the typical workload of the group. Sunyaluck ChaikajornwatAkeviboon Rungreungthanya, and Siregran Sakuliampaiboon jointly head up the practice. Chaikajornwat is regularly leaned on by banks, as well as real estate and investment companies. Rungreungthanya boasts ample experience advising on foreign direct invesment and cross-border transactions. Sakuliampaiboon has extensive M&A due diligence expertise.

Responsables de la pratique:

Sunyaluck Chaikajornwat; Akeviboon Rungreungthanya; Siregran Sakuliampaiboon


Autres avocats clés:

Weerawong Chittmittrapap, Chumpicha Vivitasevi


Les références

‘The ability to see through complex fund flow exercises and foresight to prepare in advance.’

‘WCP is the firm who well understand how to co-operate and coordinate, especially with more investment steps rather than private sector. Furthermore, WCP is the one firm who perform legal services in relation with M&A in the area of South-East Asia. ’

‘I may describe the Lawyers of WCP, especially Akeviboon Rungreungthanya, who worked with us and has more abilities to provide us with full legal services in both Thai and International Standard including that he is able to explain us with both Thai and English Languages.’

Principaux clients

AIGF Capital


Altervim Company Limited


Ananda Development Public Company Limited


Asset World Corp Public Company Limited


Berli Jucker Public Company Limited


Delivery Hero


Dymon Asia Private Equity


EGAT International Co., Ltd.


General Engineering Public Company Limited


Impact Electrons Siam Co., Ltd.


Noble Development Public Company Limited


Pathology Asia


Rever Automotive Co., Ltd.


SCB X Public Company Limited


STP&I Public Company Limited


The Siam Commercial Bank Public Company Limited


Universal Music Group


Principaux dossiers


  • Represented AIGF Advisors Pte. Ltd. (Singapore) in the strategic divestment of its KFC business in Thailand.
  • Represented Universal Music Group in its strategic investment of a 70% shareholding in a joint venture with RS Music.

DFDL Legal & Tax

The corporate and M&A practice at DFDL Legal & Tax has plenty of experience advising clients on M&A transactions, regulatory compliance, and competition matters, as well as inbound and outbound investments. Those responsible for leading the practice include Audray Souche, founding partner David Doran, Kraisorn Rueangkul, Nipaporn Supha-Utchaichan, Walanchathas Sanguanwong, and Paul Volodarsky.

Responsables de la pratique:

Audray Souche; David Doran; Kraisorn Rueangkul; Nipaporn Supha-Utchaichan; Walanchathas Sanguanwong; Paul Volodarsky


Principaux clients

Ignite Thailand Holdings Limited


Devyani International DMCC


KYMCO Group


Artelia Group


Artelia SAS


Safran SAS


Prima Asset Management Pte. Ltd.


Ally Logistic Property Co., Ltd


Principaux dossiers


  • Advising Devyani International DMCC on its acquisition of 274 KFC chain restaurant outlets in Thailand.
  • Advising KYMCO Group on its joint venture project with Arun Plus.
  • Advising Roojai on the acquisition of 100% shares in FWD General Insurance Public Company Limited.

Herbert Smith Freehills (Thailand) Limited

The ‘driven and highly responsive team‘ at Herbert Smith Freehills (Thailand) Limited assist clients with public and private M&A transactions, joint ventures, disposals, and corporate restructurings, as well as competition and merger control matters. Praised for her ‘extensive experience of corporate and antitrust matters’, practice head Nonnabhat (Niab) Paiboon plays a key role in the cross-border M&A transactions handled by the firm. Krittichai Sumranbumrung is highlighted for his deep knowledge of securities law and regulation.

Responsables de la pratique:

Nonnabhat (Niab) Paiboon


Autres avocats clés:

Krittichai Sumranbumrung


Les références

‘My impression is that the corporate team at Herbert Smith Freehills is strong technically, but also takes a commercial and pragmatic approach on transactions in which they are involved.’

‘They are a driven and highly responsive team.’

‘I have worked with Nonnabhat (Niab) Paiboon previously and the experience has always been positive. She has extensive experience of corporate and antitrust matters and is able to take complex legal issues and simplify them in a way that is easy for her clients to understand.’

Principaux clients

Arun Plus Co., Ltd.


Canal+ International SAS


Vivendi Universal


Inchcape Plc


Khazanah Nasional Berhad


Principaux dossiers


  • Advised Arun Plus on a joint venture with Kwang Yang Motor and Kymco Capital Fund to create electric motorcycle products and battery swapping stations throughout the country.
  • Advised Canal+ International SAS on its acquisition of shares in Viu International Limited.

KPMG Law Thailand

KPMG Law Thailand leverages its audit, assurance, tax, and advisory expertise to assist clients with M&A legal advisory, due diligence, structuring, transaction documentation, and closing for a range of transactional work. Kannika Boontaim and Boonyaporn Donnapee jointly oversee the practice, with Boontaim being well versed in mergers, acquisitions, reorganisations, and Thai investments, while Donnapee specialises in IPO, joint ventures, and corporate restructuring. Siriorn Sae-liew is also a name to note.

Responsables de la pratique:

Kannika Boontaim; Boonyaporn Donnapee


Autres avocats clés:

Siriorn Sae-liew


Principaux clients

Aurus Specialty Company Limited.


Greenday Global Co., Ltd.


Knauf R&D Center Co., Ltd.


PTT Energy Resources Company Limited


Tsubakimoto Automotive (Thailand) Co., Ltd.


Swift Co., Ltd.


Allianz Ayudhya Capital Public Company Limited


Principaux dossiers


Norton Rose Fulbright

Norton Rose Fulbright advises buyers, sellers, financial advisers, funds, and shareholders on a range of M&A matters in the energy, finance, infrastructure, and technology sectors. Teerin Vanikieti sits at the head of the practice and has extensive experience advising on M&A, joint ventures, strategic alliances, venture capital matters, and commercial contracts. Teerin Vanikieti is also a name to note in the team.

Responsables de la pratique:

Teerin Vanikieti


Autres avocats clés:

Tassanai Kiratisountorn


Les références

‘Provide industry practice to support case analysis.’

Principaux clients

Pruksa Holding Public Company Limited


Accenture Australia Pty Ltd.


Principaux dossiers


  • Advised on the establishment and the first close of CapitaLand Wellness Fund being a Singapore limited partnership fund.
  • Advising Accenture on legal due diligence from a Thai law perspective.

SRPP Ltd.

Distinguished by its ‘diverse expertise, client-centric approach and innovative problem-solving', SRPP Ltd. handles a range of corporate transactions related to the entertainment, technology, real estate, and energy sectors. Panuwat Chalongkuamdee and Natira Siripun jointly lead the group, with Chalongkuamdee being involved in large share acquisitions and joint ventures, and Siripun being active in the energy sector. Chositar Daecharux left the firm in April 2024.

Responsables de la pratique:

Panuwat Chalongkuamdee; Natira Siripun


Les références

‘The practice is distinguished by its diverse expertise, client-centric approach, innovative problem-solving, and strong commitment to diversity and technology.’

‘The team leader’s exceptional capabilities and success in handling complex cases stem from a combination of experience, leadership, and a talented team.’

‘The SRPP team has a strong culture and professionalism. The team is relentless in working with very new and sophisticated structures, which are quite challenging for both of us.’

Principaux clients

Ananda Development Public Company Limited


Asia Aviation Public Company Limited


Asian Sea Corporation Public Company Limited


Bangkok Airways Public Company Limited


Bangkok Bank Public Company Limited


Bangkok Chain Hospital Public Company Limited


Bangkok Dusit Medical Services Public Company Limited


BAFS Clean Energy Corporation Company Limited


BBS Joint Venture


BCPG Public Company Limited


BTS Group Holdings Public Company Limited


CIMB Thai Bank Public Company Limited


Country Group Development Public Company Limited


Dusit Thani Public Company Limited


East Coast Furnitech Public Company Limited


Eastern Power Group Public Company Limited


Eternity Power Public Company Limited


Global Power Synergy Public Company Limited


GMM Grammy PCL


IRPC Public Company Limited


Max Metal Corporation Public Company Limited


NFC Public Company Limited


Scan Inter Public Company Limited


TTCL Public Company Limited


TWZ Corporation Public Company Limited


WP Energy Public Company Limited


Companies not listed in the Stock Exchange of Thailand


9 Basil Co., Ltd.


As White (Thailand) Co., Ltd.


Ben Lucky Diamonds Co., Ltd.


Bio Tech Green Energy Co., Ltd.


Blue Wave Starch Co., Ltd.


Bhiraj Buri Co., Ltd.


Bhiraj Buri Holding Company Limited


Bhiraj REIT Management Company Limited


Drivena Co., Ltd.


FICO Corporation Company Limited


Fujitsu (Thailand) Co., Ltd.


GMM Music Co., Ltd.


IBM Digital Talent for Business


iPolymer Company Limited


IRPC Clean Power Company Limited


JT Industrial Company Limited


Khronos Partners Limited


Little Explorer Company Limited


Michelin Siam Company Limited


Mizuho Bank, Ltd. Bangkok Branch


Orion Advisory Company Limited


PLUS Exploration Co., Ltd.


Prime Street Advisory (Thailand) Co., Ltd.


Rabbit Internet Co., Ltd.


Sithiporn Associates Company Limited


St. Andrews International School


Surasith Agriculture Co., Ltd.


Thai Digital Energy Development Company Limited


The Pathumthani Concrete Co., Ltd.


Triton Resources Company Limited


Vena Energy Solar Pte. Ltd.


Von Bundit Company Limited


State Enterprise


AOT Public Company Limited


CAT Telecom Public Company Limited


Thai Institute of Directors Association


Thailand Marketing Research Society


Client|s |outside Thailand


30SecondsToFly Inc.


ABNR Counsellors at Law


Allen & Gledhill LLP


Amazon Singapore


AqualisBraemar LOC


AXA Partners Holding SA


Axiata Group Berhad


Banca Nazionale del Lavoro S.p.A


Brenntag Asia Pacific Pte. Ltd.


BV LYCUS


Eagle Ride Investment Holdings Limited


Engie South East Asia Pte Ltd.


EVRIDERZ LTD


Fieldfisher LLP – China


FinAccel Pte Ltd.


FTX Trading Limited


General Electric Company


Genesis Medtech International Pte. Ltd.


GUD Holdings Limited


HELMSMAN LLC


Herbert Smith Freehills LLP


InterGlobe Aviation Limited


I Squared Capital Advisors (US) LLC


IXOM Chemicals Group


JunHe LLP


Lanxess Deutschland GmbH


Lee and Li, Attorneys-at-Law


Lenskart Solutions Private Limited


Lenskart Solutions Ptd. Limited


Lightstorm Telecom Ventures Pvt Ltd


Mercer Investment Solutions (Singapore) Pte. Ltd.


Mizuho Bank, Ltd. Japan


Newegg Inc.


Norton Rose Fulbright Australia


Norton Rose Fulbright Hong Kong


Norton Rose Fulbright London


Norton Rose Fulbright Singapore


Norton Rose Fulbright Shanghai


OMS Energy Technologies Inc.


One Rock Capital Partners, LLC


Ortoli Rosenstadt Ye Pte. Ltd.


Pepperstone Group Limited


Paramount Global SDN BHD


Primary Group Limited (Bermuda)


Resonance Asset Management Limited


RHTLaw Asia LLP – Singapore


SHIN & KIM LLC


ShookLin & Bok


SKRINE


Standby Screw Machine Products Co.


Taishin Bank, Hong Kong


United Overseas Bank Limited Singapore


Web.com Group, Inc.


Yanolja Cloud Pte. Ltd.


Principaux dossiers


  • Advised BB on a business collaboration agreement between BB and Thai Fight Co., Ltd.
  • Advised GMM Music on the potential investment in TNY Entertainment and Technology Co., Ltd.
  • Advised GMM on its music business spin off by way of setting up a new company namely GMM Music Co., Ltd. and transferring its music business to GMM Music.

TTT+Partners

Serving strategic investors, private equity funds and institutions, TTT+Partners regularly facilitates joint ventures, as well as private and public M&A transactions. Veeranuch Thammavaranucupt is responsible for leading the group and Parithat Chamnongsilp is another notable member of the practice.

Responsables de la pratique:

Veeranuch Thammavaranucupt


Autres avocats clés:

Parithat Chamnongsilp


Principaux clients

Major Shareholders of Bangkok International Preparatory and Secondary School


Global Power Synergy Public Company Limited


Thai Beverage Public Company Limited


PTT Global Chemicals Public Company Limited


Jasmine International Public Company Limited


Inver House Distillers Limited


Evolution DC Thailand Holdings Pte. Ltd.


One Bangkok Co., Ltd.


Principaux dossiers


Watson Farley & Williams (Thailand) Limited

Watson Farley & Williams (Thailand) Limited regularly handles cross-border M&A and joint ventures in the energy, transport, and infrastructure sectors. Linh Doan and Piyanuj (Lui) Ratprasatporn are both of those responsible for leading the practice. Ratprasatporn is a specialist in compliance and legal requirements in relation to a range of corporate operations and foreign direct investment in Thailand.

Responsables de la pratique:

Linh Doan; Piyanuj (Lui) Ratprasatporn


Autres avocats clés:

Kasma Visitkitjakarn


Principaux clients

Shanghai Minsheng shipping Co., Ltd.


Pindao Holdings Hong Kong Limited


Newtech Textile (Cayman) International


CTS International Logistics Corporation Limited.


Atlantic Forwarding


Thai Rent a Car Holding


Guardforce AI


Infinity Spa Services Company Limited


Principaux dossiers


  • Advised Thai Rent a Car Holding on its acquisition of a strategic stake in the Electric Vehicle Company Ryde Culture.
  • Advising Atlantic Forwarding on the corporate restructuring, capital increment, and shares allocation among the shareholders of its Thai freight forwarding operations.
  • Advising Guardforce AI on its NASDQ underwritten public offering & uplisting.