Avellum has acted as Ukrainian counsel to Diligent Capital Partners on the joint acquisition with the FMO bank of a minority stake in Ukrainian feed producer Edinstvo Group. The OMP law firm reportedly advised the seller.
DCP is a private equity manager focused on food and agribusiness, export-oriented businesses, and the consumer goods and services industries. FMO is a Netherlands-based entrepreneurial development bank.
According to Avellum, as a result of the transaction, the Edinstvo Group obtained USD 20 million in financing that it plans to use to construct a soybean processing plant, expand feed additives production capacity, and install additional feed packaging lines.
Avellum’s team included Managing Partner Mykola Stetsenko, Counsel Andriy Romanchuk, Senior Associate Anton Arkhypov, and Associates Maryna Buinytska, Yuliia Chelebii-Kravchenko, Iryna Fonotova, Yelyzaveta Kashyna, Andriy Kornuta, and Yaroslav Pavliuk.