Grata International has advised Multigroup Trade on the acquisition of Brestskoe Pivo, a Belarusian producer of alcoholic beverages.
Multigroup Trade is a part of the Armenian concern Multi Group, which owns companies in the beverages, vehicle retail, mining, sport, and hotel industries, among others.
The transaction involved obtaining the approval from creditors of Brestskoe Pivo, which was undergoing bankruptcy proceedings, the termination of those proceedings, and rebuilding of the corporate structure of the company.
According to Grata International, the project was valued at EUR 2.5 million. The firm reported that, according to the terms of the deal, this amount should be transferred to the regional budget by Multigroup Trade within ten years. In addition, the firm reported that the buyer is obligated to invest at least BYN 25 million (approximately EUR 8 million) in the modernization of Brestskoe Pivo’s production and maintain the existing number of jobs at the company over the course of the next ten years.
Grata International’s team included Managing Partner Dmitry Viltovsky and Associate Polina Antonenko.
