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Kinstellar Advises UMG Investments on Acquisition of Minority Stake in Feednova

Kinstellar Advises UMG Investments on Acquisition of Minority Stake in Feednova

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Kinstellar has advised UMG Investments on the acquisition of a minority stake in Feednova LLC, a Ukrainian company focusing on the production of feed additives for farm animals and pets, and the subsequent establishment of a joint venture with Effective Investments Group and other stakeholders of Feednova.

As a result of the transaction, Feednova will become the first independent operator in Ukraine to process raw materials from external suppliers for the production of high-protein feed additives and animal fats for farm animals and pets. The production complex will have four state-of-the-art production lines and five boilers with a capacity of over 220 tons of raw materials and 90 tons of finished products per day.

“We are pleased that our investment in Feednova will help to create the first independent operator of animal by-products processing in Ukraine," commented Andriy Gorokhov, the CEO of UMG Investments. "We believe that participation in the Feednova project will allow our portfolio company Recycling Solutions to realize its vast experience and best practices in waste management projects to the fullest extent possible.”

According to Kinstellar, "UMG Investments is an investment company that establishes and develops businesses with high growth potential. Today, UMG Investments manages portfolio companies in the following areas: mineral resources, by-product and waste management, and industrial products and services. The market value of assets under the company’s management exceeds USD 500 million. Feednova is a Ukrainian company, which following the completion of construction works will operate the first high-protein feed additives and animal fats production plant in Ukraine, located in in the city of Busk in the Lviv Region."

Kinstellar’s team was led by Partner Iryna Nikolayevska and included Senior Associates Viktoriia Dobrynska and Oleh Andreikiv and Mid-Level Associate Julia Palaida.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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