Corporate / M&A Corporate /
M&A

At AVELLUM we love helping our clients achieve the best results in corporate and M&A deals. You will receive an unrivaled level of service and expertise in establishing your first presence in Ukraine, improving corporate governance, buying or selling a business, or establishing a joint venture. We know what you expect from your Ukrainian counsel, and offer a personalized approach.

17
billion
USD
total worth of transactions
in corporate/M&A in 2019

  • Ukrainian clients

    For our Ukrainian clients, we provide full guidance through sales or purchases of businesses in Ukraine, to the highest international standards. Our Ukrainian clients can also trust us with advising them on investments outside of Ukraine.

  • Foreign clients

    As a foreign client we will guide you smoothly through all of the intricacies of the Ukrainian legal system, so that you understand Ukrainian realities in terms familiar to you in your home country.

  • Foreign law firm

    Foreign law firms rely on AVELLUM as a true team player, fully synchronised in deal approaches, timing, and risk management.

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  • Key Contact
  • Key experience
  • Publications
  • Recognition
  • Our Team
Key Contact
Mykola Stetsenko
Managing Partner
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Mykola Stetsenko is the Managing Partner of AVELLUM with the primary focus on corporate/M&A, competition, real estate, and tax.
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Key experience

Key experience

Acquisition of 100% shares in Portmone Group by Kaspi Pay, a wholly owned subsidiary of Kaspi.kz
Legal advisor to JSC “Kaspi.kz”
Investment into Ukrainian food-tech start-up Foodz
Legal advisor to MHP
Acquisition of MHP Food UK Limited (formerly known as Braintree Meats Limited), an England-based company and importer of meat & poultry
Legal advisor to MHP
Construction of a real estate complex in the centre of Kyiv in the form of a joint investment with a business partner
Legal advisor to A-Development, one of the leading Ukrainian developers
Acquisition of 70% stake in the Zavallivskyi Graphite Group
Legal advisor to Volt Resources Limited
Sale of a 72% stake in a containerboard producing company
Legal advisor to investment company Concorde Capital and its partners
Acquisition of a minority stake in the leading Ukrainian feed producer Edinstvo Group
20 млн. дол. США
Legal advisor to Diligent Capital Partners and FMO
Sale of a stake in renewable energy projects to Elementum Energy, the largest international renewable energy producer in Ukraine
Legal advisor to one of the sellers
Purchase of Horizon Capital’s minority stake in Dobrobut
Legal advisor to Dobrobut’s major shareholders
Sale of AXDraft to Onit
Legal advisor to AXDraft, Ukrainian document automation company
Acquisition of Agritel International, a subsidiary of Agritel
Legal advisor to Argus Media Ltd
Corporate law matters related to the global pre-sale reorganisation of ABB group
11 bln. USD
ABB Asea Brown Boveri Ltd
Sale of KfW’s shareholding in ProCredit Bank to ProCredit Holding AG&Co
Legal advisor to KfW
Acquisition of Svarog Group
Legal advisor to Epicentr
Acquisition of Census Commodity Data having a Ukrainian subsidiary Census Commodity Data Ukraine
Legal advisor to Euromoney Institutional Investor PLC
Acquisition of 33% stake in Ocean Plaza by UDP
Legal advisor to UDP
Acquisition of 24% shares in a Ukrainian company, which will be jointly operated by EBRD and Fairfax, which also owns ARX
Legal advisor to EBRD
Acquisition of BENTELER Distribution Ukraine by Van Leeuwen Pipe and Tube Group
Legal advisor to Van Leeuwen Pipe and Tube Group
Acquisition of Modio Health by CHG Healthcare, one of the largest healthcare staffing companies in the US
Legal advisor to CHG Healthcare
Acquisition of CoreValue, US-headquartered IT service provider with Ukrainian roots
Legal advisor to Cornerstone Partners
Sale of Smart Plaza Obolon to URE Holding Limited
Legal advisor to Sellers
Acquisition of SST Group’s electric underfloor heating and water leakage control systems business
Legal advisor to GROUPE ATLANTIC
Sale to VR Capital Group of 50% stake in a holding company and establishment of a joint venture between ICU and VR Capital Group
Legal advisor to ICU
Disposal of a minority stake in Dobrobut to Horizon Capital
Legal advisor to Dobrobut
Sale of shares in the holding company to Scatec Solar
Legal advisor to SM Invest Construction B.V.
Acquisition of 100% of shares in Rail Transit Kargo Ukraine
64 USD mln
Legal Advisor to Kernel
Merger of PJSC “MTB Bank” and PJSC “Commercial Bank “Center”
Legal Advisor to MTB Bank and Bank Center
Minorities squeeze-out procedure followed by the successful corporate reorganisation of “Jacobs Douwe Egberts Ukraina”
Legal Advisor to PrJSC “Jacobs Douwe Egberts Ukraina”
Merger of EVO Group with Rozetka
Legal Advisor to EVO Group
Establishment of a joint venture with VR Capital Group to develop a 34.75 MW photovoltaic solar power plant
Legal Advisor to Investment Capital Ukraine
Acquisition of a 16% equity stake in Allseeds SA together with the Dutch Development Bank FMO
Legal Advisor to Diligent Capital Partners
Acquisition of a shareholding in Bank Lviv
Legal Advisor to a private equity vehicle managed by responsAbility Investments AG
Acquisition of Blam! Games Studios
Legal Advisor to Nordcurrent
Establishment of a joint venture with VR Capital Group to develop a 63.8 MW solar power plant
Legal Advisor to Investment Capital Ukraine
Disposal of 90% stake in Ergopack Group in favour of Sarantis Group
Legal Advisor to Horizon Capital and certain individuals
Collaboration with General Electric Company
1.0 bln USD
Legal Advisor to PJSC “Ukrainian Railway”
Increasing the charter capital of PJSC CB “Center”
200 UAH mln
Legal Advisor to PJSC “CB “Center” its sole shareholder Mr. Hamed Alikhani
Acquisition of Poland-based Stella Pack by Bounty Brands, a part of Coast2Coast portfolio
Legal Advisor to Coast2Coast, a South-African investment company
Corporate law advice
Legal Advisor to Honda Corporation
Due Diligence of Forum Bank
Legal Advisor to Bidder
Corporate law advice
Legal Advisor to Robert Bosch Group
Acquisition of 100% of shares in a farming business (27,500 hectares of leasehold farmland)
43.3 USD mln
Legal Advisor to Kernel
Acquisition of 100% of shares in a large-scale farming business (190,000 hectares of leasehold farmland)
155 USD mln
Legal Advisor to Kernel
Acquisition of 99.91% stake in PJSC Marfin Bank from Cyprus Popular Bank
Legal Advisor to Investor
Sale of Karavan Hypermarket chain to Auchan Group
Legal Advisor to Seller
Acquisition of Lohika by Altran
Legal Advisor to Altran
Increase of the stake of Horizon Capital in Datagroup to over 70%
Legal Advisor to Custos Invest & Finance Inc., one of the Datagroup’s shareholders
Acquisition of Thomson Reuters’ Intellectual Property & Science Business
3.55 bln USD
Legal Advisor to Onex Corporation and Baring Private Equity Asia
Acquisition of an Approximate 48% Stake in GlobalLogic Inc. from Apax Funds
Legal Advisor to Canada Pension Plan Investment Board
Investment in Dieter Braun GmbH
5.9 EUR mln
Legal Advisor to Deutsche Beteiligungs AG
Аcquisition of 30% shares in PJSC Raiffeisen Bank Aval by the EBRD
122 EUR mln
Legal Advisor to PJSC Raiffeisen Bank Aval
Disposal of shares in PJSC “Ukrsotsbank” in favour of Alfa Group
Legal Advisor to UniCredit Group
Acquisition of a 40% stake in Glencore Agricultural Products by CPPIB
6.25 bln USD
Legal Advisor to Canada Pension Plan Investment Board
Sale of part of Allergan’s global generic pharmaceuticals business to Teva Pharmaceutical Industries Ltd
40.5 bln USD
Legal Advisor to Allergan Inc.
Global spin off of Covestro
1.5 bln EUR
Legal Advisor to Bayer AG
Approval by the NBU of the acquisition of the qualifying shareholding in PJSC “CB “Center”
Legal Advisor to Owner
Exchange of assets and JV between GlaxoSmithKline and Novartis
20 bln USD
Legal Advisor to Novartis
Exchange of assets with Agrokultura Group
Legal Advisor to MHP Group
Sale of Mykolaiv Cement Plant to CRH
96 EUR mln
Legal Advisor to Lafarge Group
Sale of Ocean Plaza, the largest shopping mall in Ukraine
Legal Advisor to Seller
Acquisition of National Container Company
291 USD mln
Legal Advisor to Global Ports
Acquisition of 100% stake in Platinum Bank
Legal Advisor
Sale of leading Ukrainian FMCG producer to private investor
Legal Advisor to Sellers
Acquisition of land plot in Illichevsk sea port
Legal Advisor to Buyer
Acquisition of rail facilities
6.0 UAH mln
Legal Advisor to Ferrexpo AG
Acquisition of the majority stake in Versobank AS by Ukrselkhozprom PCF
Legal Advisor to Corporation Alef
Corporate law advice
Legal Advisor to Rompetrol Group
Due Diligence of Platinum Bank
Legal Advisor to Bidder
Corporate law advice
Legal Advisor to Mitsubishi Corporation
Due Diligence of Express-Bank
Legal Advisor to Bidder
Acquisition of 11.28% stake in Farmak
Legal Advisor to Buyer
Sale of Karavan Real Estate Limited to DCH Group, Citi Venture Capital International and Apollo
Legal Advisor to Sellers
Buyout of 25.1% of shares in AVK from Western NIS Enterprise Fund
Legal Advisor to AVK
Acquisition of 80% stake in a company managing 108,000 ha of farmland
68 USD mln
Legal Advisor to Kernel Group
Acquisition of 100% shares of Bonbonetti Choco (Hungary) by Roshen
Legal Advisor to Roshen
Sale of stake in Southern Tobacco Group to Megapolis
Legal Advisor to Seller
Sale of a stake in Biopharma to Horizon Capital and FMO
Legal Advisor to Seller
Sale of the second largest CATV provider in Ukraine to Volia Group
Legal Advisor to Seller
Call option for 100% stake in a company managing 79,200 ha of farmland
Legal Advisor to Kernel Group
Sale of shares to Russia Partners
Legal Advisor to Seller
Establishment of a joint venture with the Middle Eastern sovereign wealth fund
Legal Advisor to Loture Group
Establishment of a joint venture with Persha Pryvatna Brovarnya
Legal Advisor to Oasis Group
Acquisition of 68.26% stake in KDD Group N.V.
16 USD mln
Legal Advisor to Groumon Development Limited
Conditional acquisition of 100% stake in Enselco
51.3 USD mln
Legal Advisor to Kernel Group
Acquisition of 100% stake in Russian Oils
60 USD mln
Legal Advisor to Kernel Group
Acquisition of 100% stake in Radomyshl Brewery
Legal Advisor to Oasis Group
Investment into Aisi Realty Public Limited from SECURE Management
Legal Advisor to SECURE Management
Acquisition of the majority stake in News Outdoor
Legal Advisor to VTB Capital
Sale of Ukrainian operations to Johnson & Johnson
Legal Advisor to J. B. Chemicals & Pharmaceuticals Ltd.
Sale of “Schekavitskiy” business center to 1+1 TV Channel
Legal Advisor to Seller
Private equity investment by the Europe Virgin Fund
Legal Advisor to Founder
Sale of substantial stake to Horizon Capital
Legal Advisor to UkrFinance Group
Sale of Ukrainian operations to SCM Group
Legal Advisor to Renaissance Credit
Acquisition of 84% stake in VAB Bank from Kardan N.V.
Legal Advisor to Buyer
Acquisition of 100% stake in Rise Group
Legal Advisor to Ukrlandfarming PLC
Acquisition of 100% stake in Dakor Agro Holding
Legal Advisor to Ukrlandfarming PLC
Sale of shares and establishment of joint venture with Hartwall Capital and Horizon Capital
Legal Advisor to Seller
Private equity investment by Horizon Capital in Datagroup
40 USD mln
Legal Advisor to Datagroup
Sale of majority stake in Rosinka
Legal Advisor to Orangina Schweppes Group
Acquisition of the minority stake in Ukrainian International Airlines
Legal Advisor to the Ukraine-based investor
Acquisition of 50%+1 share in Sky Mall
Legal Advisor to Buyer
Sale of Vik Oil Group to TNK-BP
313 USD mln
Legal Advisor to Vik Oil Group
Publications

Publications

                                Recognition

                                Recognition

                                AVELLUM is one of the main “go-to” firms for corporate matters. 
                                An excellent combination of international experience and deep knowledge of Ukrainian realities. 
                                AVELLUM is one of the best and has profound knowledge of Ukrainian and international law. 
                                They are one of the few local firms that can be relied upon to produce Ukrainian law documentation and legal opinions in a timely fashion and up to the standards of an international law firm. 
                                AVELLUM has some of the top legal brains in the market. 
                                Provides high quality commercial advice in a challenging environment. 
                                One of the best M&A practices on the market. 
                                Uniformly excellent … they are the best firm in Ukraine these days. Very strong across all practice areas, extremely professional ethos and service culture. 
                                Market-leading firm with an outstanding track record in complex and large-scale M&A transactions. Also advises on the establishment of joint ventures and handles corporate restructuring projects. Broad experience in a variety of industry sectors, with recent instructions including banking, agriculture and pharmaceuticals. Regularly involved in cross-border transactions, often working in co-operation with international law firms.  
                                Our Team

                                Our Team

                                Yuriy Nechayev
                                Partner
                                Andriy Romanchuk
                                Counsel
                                Oleksii Maslov
                                Counsel
                                Anton Arkhypov
                                Senior Associate
                                Maryna Buinytska
                                Associate
                                Oleksandr Volodin
                                Associate
                                Yelyzaveta Kravtsova
                                Associate
                                Yelyzaveta Kashyna
                                Associate
                                Iryna Fonotova
                                Associate
                                Anastasiia Karpenko
                                Associate
                                Nataliia Chop
                                Associate
                                Yaroslav Pavliuk
                                Associate