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Tokushev and Partners and DGKV Advise on Oliva’s Acquisition of Assets of Kaliakra Plant

Tokushev and Partners and DGKV Advise on Oliva’s Acquisition of Assets of Kaliakra Plant

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Tokushev and Partners has advised Oliva AD, the largest grain trader and oilseeds crusher in Bulgaria, on its acquisition of all long-term assets of the Kaliakra plant in Dobrich, Bulgaria, from Kaliakra AD, the Bulgarian subsidiary of Bunge. Djingov, Gouginski, Kyutchukov, and Velichkov advised Kaliakra on the deal.

The assets acquired by Oliva include land, equipment, buildings, storage facilities, and production facilities. According to Tokushev & Partners, ”since 2002 the plant has been owned by the Bulgarian subsidiary of Bunge, a US-based giant in the field of oilseeds processing and cooking oil production. The assets subject to the deal included approximately 140,000 square meters of land and over 85 separate buildings and storage. This expansion has cost Oliva AD an estimate of over USD 2.3 million.”

Tokushev and Partners’ team was led by Managing Partner Viktor Tokushev and included Partners Stiliyan Nedev and Ivan Antov. 

DGKV's team included Partner Stefan Kyutchukov, Senior Associate Nikolina Stefanova, and Associate Valery Blagoev.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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