AVELLUM ADVISES FURSHET ON UKRAINIAN MERGER CONTROL ASPECTS OF FURSHET’S ACQUISITION BY FOZZY GROUP

AVELLUM acted as the legal advisor to Furshet, a Ukrainian supermarket chain, on obtaining merger control clearance from the Antimonopoly Committee of Ukraine for the acquisition of control over Furshet’s retail assets by Fozzy Group.

Furshet is a chain of fast-moving consumer goods stores operating under “Furshet” brand. It is one of the largest retail chains in Ukraine which first store dates back to 1992. Furshet pioneered the “supermarket” format in Ukraine.

Fozzy Group is one of the leading Ukrainian retailers with more than 700 retail stores in Ukraine operating under brands such as “Silpo”, “Fora”, and others.

AVELLUM team was led by senior associate Anton Arkhypov and associates Valeriia Lepska and Yelyzaveta Kashyna under the general supervision of partner Yuriy Nechayev.