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Dentons Ukraine Advises Ingenico Group on Acquisition of SST

Dentons Ukraine Advises Ingenico Group on Acquisition of SST

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Dentons’ Kyiv office has acted as legal counsel to the Ingenico Group on its acquisition of the payment activities business of Bancomzvjazok JSC (BKC) through the purchase of 100% of the shares in a newly created legal entity, SST (Systems of Secure Transactions). 

BKC has been a partner and distributor of Ingenico Group in Ukraine since 1997. The transaction involved the carve-out of BKC’s payment activities business unit to SST. 

The deal will expand France-based Ingenico’s footprint in Ukraine. According to Dentons, "with 40 employees, SST brings extensive knowledge of the local market and strong relationships with leading Ukrainian banks. SST also provides software development services to various entities within Ingenico Group in Eastern Europe, Western Europe, and Africa."

Dentons’ team was led by Partner Adam Mycyk, with assistance from Senior Associates Anna Tkachenko and Nikolay Zhovner, as well as from Partner Volodymyr Monastyrskyy. Other Associates involved in the transaction included Borys Schwarzer, Oksana Horban, and Roman Mehedenyuk.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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