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Sorainen and EPAP Advise on DEG Acquisition of Stake in Belgips

Sorainen and EPAP Advise on DEG Acquisition of Stake in Belgips

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Sorainen has advised DEG on the acquisition of a stake in Belgips, a Belarusian manufacturer of gypsum-based building materials. Belgips was reportedly advised by Egorov Puginsky Afanasiev & Partners.

The acquisition followed Belgips's implementation of an investment project involving the construction of a new highly automated and energy-efficient plant in Gatovo, Belarus. 

According to Sorainen, "DEG finances long-term private-sector investments in developing and emerging markets that act as a driver for sustainable development. DEG is a wholly-owned subsidiary of KfW, a German promotional bank aimed at sustainable economic, social, and ecological development in Germany and worldwide."

Sorainen's team included Partner Maksim Salahub, Senior Associates Alexey Fidek and Ann Laevskaya, and Associate Aliaksei Vashkevich.

EPAM at a Glance

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru