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Vasil Kisil & Partners Advises Camozzi on Acquisition of Facilities for a New Factory

Vasil Kisil & Partners Advises Camozzi on Acquisition of Facilities for a New Factory

Ukraine
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Vasil Kisil & Partners has assisted Camozzi LLC with its purchase of an industrial site in Kalynivka, Ukraine, near Kyiv, from Solum LLC.

Camozzi LLC is the Ukrainian subsidiary of Camozzi s.p.a., an Italy-based international producer of pneumatic industrial automation solutions with a global sales network encompassing more than 70 countries. 

Solum LLC is a Ukrainian real estate company associated with Piraeus Bank Group.

According to VKP, "the transaction was accomplished by means of a letter of credit from Ukrsibbank BNP. "The acquired facility comprises of the production block and office premises of over 4 thousand square meters in total and separate transformer substation, and also includes a land plot of over 2 hectares in area. On renovation, Camozzi plans to further expand its production capacities in Ukraine on this site."

The VKP team that "conducted comprehensive legal due diligence of the assets, advised on structuring the transaction to ensure the safety of both the funds and the assets in transit, [and] drafted and negotiated the whole set of transaction documents, including financing arrangements," included Partner Alexander Borodkin and Associate Roman Riabenko.

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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