Vasil Kisil & Partners has advised Spectr-Agro LLC and Spectr-Agrotekhnika on the acquisition by Sumitomo of 51% shares in the company. Dentons reportedly advised the buyers on the deal.
According to Vasil Kisil & Partners, "Sumitomo's agri-scientific business has been exporting plant protection products (PPP) from Japan as No. 1 Japanese exporter and operating agri-chemical distribution companies in 30 countries branded as Sumi-Agro or Summit Agro. Also, Sumitomo invested into the companies whose business model is very similar to Spectr-Agro in Romania and Brazil."
Spectr-Agro, which was incorporated in 2009, supplies CPAs, fertilizers, seeds, and agricultural equipment to more than 3,500 agricultural producers in Ukraine.
The Vasil Kisil & Partners transaction team was led by Partners Anna Sisetska and Alexander Borodkin and included Associates Mykola Boichuk and Dmytro Saranchuk and Junior Associate Yevhenii Senchenko.
