Lex Borealis has advised TSP LLC, a Russian subsidiary of Frutarom, on its acquisition of a 4,500+ square meter office building and a lease of parking places in the city of Mytischy, in the Moscow Region.
Frutarom is a multinational flavor and fragrance house that creates, produced, and markets a large variety of flavor and fragrance compounds and ingredients. The building acquired by TSP will serve as an office for several Frutarom Russian subsidiaries starting in 2017.
Lex Borealis carried out due diligence of the building and the underlying land plot, structured the acquisition, and, it reports, "advised on all legal aspects of the structuring and implementation of the transactions." The firm’s team was led by Partner Olga Chaykovskaya.