Lenovo confirms acquisition of CCE Lenovo Group announced the acquisition of the CCE business. Lenovo is paying CCE’s shareholders approximately 300 million Brazilian Reais, in a combination of cash and stock, for 100% of the company. Lenovo will retain CCE’s management team including its founder and CEO, Mr. Roberto Sverner in the combined company. CCE’s management will work closely with Lenovo’s new country leadership to drive both businesses. The acquisition is subject to customary closing procedures and is expected to close in the first quarter of 2013. The company’s present business plan does not anticipate any workforce restructurings as a result of the acquisition.
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