Industries

Agriculture

1 200 000 ha

Conducted an audit of the land bank

Even during wartime agriculture remains one of the key industries in Ukrainian economy. However, the war dealt a heavy blow to the industry in form of serious logistics issues, decrease of arable lands, and loss of assets. Now Ukrainian agribusiness started to reorient their priorities, restructure their logistics, and is seeking for new opportunities more eagerly than ever before. And we are always there to assist our clients with any legal issues they have while adapting to new turbulent circumstances.

Our clients usually face challenges in diverse legal areas ranging from corporate, real estate and land, tax, export/import operations, litigation, financing, to business restructuring and international arbitration. During the wartime these challenges have become even more complex and often require for a client-tailored solution. Being a full-service law firm, our lawyers bring a wide variety of experience which allows us to deliver the highest quality services to our clients and help them solve even the most challenging and rare issues.

What we do

Our extensive experience in agriculture industry includes merger & acquisition of agribusinesses, litigation and dispute resolution, international arbitration, sale and purchase of land banks, conclusion of land leases of vast amounts of land plots, restructuring of land banks holdings, pre-export financing for agribusinesses. Besides, we understand and specialise on solving all the issues that have become much more common during the war such as management of distressed assets, infrastructure restoration projects, businesses relocation, logistics restructuring and investment.

We are proud to have advised such well-known agro-industrial groups as Myronivsky Hliboproduct (MHP), Kernel, Industrial Milk Company, Loture, Avangard, and UkrLandFarming on their most sophisticated business transactions. We build lasting working relationships with our clients by delivering exceptional services and ensuring that our clients’ businesses prosper.

Key experience

Advising on the largest contract for the supply of agricultural products

26.8

Bln USD

Legal Advisor to “State Food and Grain Corporation of Ukraine”

Representation of Ukrlandfarming in FOSFA arbitration regarding the quality of the supplied goods

25

Mln USD

Legal Advisor to Ukrlandfarming

Advising on the dispute regarding the quality of the supplied products to the EU

5

Bln USD

Legal Advisor to COFCO Agri

Asset tracing and recovery of assets of Mriya Agro Holding plc

470

Mln USD

Legal Advisor to Noteholders’ Committee of Mriya Agro Holding plc

Represented the holding company in multiple litigation proceedings in Ukraine and Cyprus

515

Mln USD

Legal Advisor to Mriya Agro Holding plc

Removed hostile management of Mriya Agro Holding plc

1

Bln USD

Legal Advisor to Noteholders’ Committee of Mriya Agro Holding plc

Advice to Noteholders’ Committee of Mriya Agro Holding Plc on operational and transactional issues

470

Mln USD

Legal Advisor to Noteholders’ Committee of Mriya Agro Holding Plc

Corporate group restructuring

Legal Advisor to Rise Group

Show all key experience

Related materials

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Posted on July 5, 2022

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LAW ON AGRICULTURAL LANDS TURNOVER IS SIGNED

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The land bank held by the entities comprises around 134 thousand hectares of farmland and related farming infrastructure. The consideration to be paid to Kernel is USD210 million.

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AVELLUM ADVISES MHP ON INVESTMENT INTO FOODZ

AVELLUM acted as the legal counsel to its long-standing client MHP in connection with investment into Ukrainian food-tech start-up Foodz. As a result of two rounds of funding, MHP received a minority stake in Foodz.

Posted on July 5, 2022
AVELLUM acted as the legal counsel to its long-standing client MHP in connection with investment into Ukrainian food-tech start-up Foodz. As a result of two rounds of funding, MHP received a minority stake in Foodz. AVELLUM provided legal support to MHP in structuring the deal and drafting the transaction documents. MHP is the leading poultry producer in Europe and one of the biggest grain producers in Ukraine. The company specialises in the production of chicken and the cultivation of cereals and other agricultural activities. As a part of MHP’s strategy to support new businesses, the company aims to strengthen its relations with the restaurant business to bring the company closer to the customer. Foodz is a dark kitchen start-up that has been developing an online restaurant chain in Kyiv since 2020. It has already raised investments of over USD2 million and now manages 12 brand restaurants with over 100 000 customers. AVELLUM team was jointly led by counsel Andriy Romanchuk and associate Yuliia Chelebii-Kravchenko with support from associate Yelyzaveta Kashyna and under the general supervision of managing partner Mykola Stetsenko. Senior associate Anastasiya Voronova advised on the financial matters of the deal.

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AVELLUM ADVISES MHP ON ACQUISITION OF ENGLAND-BASED COMPANY

AVELLUM acted as the legal counsel to its long-standing client MHP in connection with the acquisition of MHP Food UK Limited (formerly known as Braintree Meats Limited), an England-based company and importer of meat & poultry. The transaction allows MHP to expand its business activities into the UK.

Posted on July 5, 2022
AVELLUM acted as the legal counsel to its long-standing client MHP in connection with the acquisition of MHP Food UK Limited (formerly known as Braintree Meats Limited), an England-based company and importer of meat & poultry. The transaction allows MHP to expand its business activities into the UK. AVELLUM provided full legal support to MHP in negotiating and drafting of the transaction documents as well as coordinated completion of the entire transaction. In addition, AVELLUM performed legal due diligence of MHP Food UK Limited and conducted multijurisdictional merger control analysis. MHP is the largest producer and exporter of chicken in Ukraine and the leading producer of poultry meat in Europe. The company specialises in the production of chicken and the cultivation of cereals and other agricultural activities. MHP has also embarked on a course of its transformation from a raw material company to a culinary one. AVELLUM team was led by senior associate Anton Arkhypov with support from associates Iryna Fonotova, who handled corporate and M&A matters, and Valeriia Lepska, who handled antitrust matters, under the general supervision of managing partner Mykola Stetsenko.

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

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Posted on July 5, 2022
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.

Key contacts

GLIB BONDAR

Senior Partner

gbondar@avellum.com

MAKSYM MAKSYMENKO

Partner

mmaksymenko@avellum.com

YURIY NECHAYEV

Partner

ynechayev@avellum.com

Team

VADIM MEDVEDEV

Partner

vmedvedev@avellum.com

ANDRIY ROMANCHUK

Partner

aromanchuk@avellum.com

Practice

Mergers and Acquisitions

We provide an unrivaled level of service and expertise in buying or selling a business or establishing a joint venture.

Industries

Telecoms and Media

We keep up with the unprecedented growth of the telecommunications, media and technology (TMT) sector and help clients navigate the fresh regulatory challenges.

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