Avellum has helped Ufuture obtain merger control clearance from the Antimonopoly Committee of Ukraine for the partial sale of its stake in LvivTech.City to unnamed buyers.
LvivTech.City is an innovation park in Lviv that will offer an ecosystem of Class A office premises, co-working spaces, laboratories, and conference rooms in the area of a former industrial zone.
Ufuture is a holding company with a portfolio of assets in real estate, infrastructure, renewable energy, pharmaceuticals, and IT. Its assets are estimated at USD 550 million, and the total capitalization of the businesses it invested in is more than USD 1 billion.
Avellum team was led by Counsel Yaroslav Medvediev with support from Associate Anton Arkhypov, both working under the supervision of Partner Yuriy Nechayev.