AVELLUM ADVISES DILIGENT CAPITAL PARTNERS ON ACQUISITION OF MINORITY STAKE IN EDINSTVO GROUP

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AVELLUM ADVISES DILIGENT CAPITAL PARTNERS ON ACQUISITION OF MINORITY STAKE IN EDINSTVO GROUP

AVELLUM acted as the Ukrainian legal counsel to its long-standing client Diligent Capital Partners (“DCP”), a private equity manager, acting together with the Dutch entrepreneurial development bank FMO (“FMO”), in connection with the acquisition of a minority stake in the leading Ukrainian feed producer Edinstvo Group. As a result of the transaction, Edinstvo Group obtained the USD20 million financing that it plans to use to construct a soybean processing plant, expand feed additives production capacity and install additional feed packaging lines.

AVELLUM provided full legal support to DCP in complex negotiations and drafting of the transactional documents. We also performed legal due diligence of the Edinstvo Group and advised on the transaction structure and obtaining the approval of the Antimonopoly Committee of Ukraine.

Andriy Romanchuk, Counsel at AVELLUM, commented: “Once again DCP, together with FMO, demonstrate their firm belief in the potential of Ukrainian businesses. We are proud of having had the opportunity to support this deal and wish both DCP and Edinstvo Group to achieve their most ambitious business goals.”

DCP is a private equity manager focused on food and agribusiness, export-oriented businesses, and the consumer goods and services industries.

FMO is the Dutch entrepreneurial development bank that supports private sector growth in developing countries and emerging markets.

Edinstvo Group is a leading producer of feed in Ukraine. The company produces compound feed, packaged feed, premixes and concentrates, feed additives and distributes veterinary drugs, animal vaccines, and pet goods.

The AVELLUM team was led by counsel Andriy Romanchuk with support from associates Maryna Buinytska, Yuliia Chelebii-Kravchenko, Iryna Fonotova, Yelyzaveta Kashyna, Andriy Kornuta, and Yaroslav Pavliuk under the general supervision of managing partner Mykola Stetsenko. Senior associate Anton Arkhypov advised on antitrust matters.

Authors

MYKOLA STETSENKO

Managing Partner

mstetsenko@avellum.com

ANDRIY ROMANCHUK

Partner

aromanchuk@avellum.com

ANTON ARKHYPOV

Counsel

aarkhypov@avellum.com

MARYNA BUINYTSKA

Managing Associate

mbuinytska@avellum.com

IRYNA FONOTOVA

Associate

ifonotova@avellum.com

YAROSLAV PAVLIUK

Associate

ypavliuk@avellum.com

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