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Avellum Advises MHP on Foodz Investment

Avellum Advises MHP on Foodz Investment

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Avellum has advised MHP on its investment in Ukrainian food technology start-up Foodz.

According to Avellum, MHP received a minority stake in Foodz through two funding rounds. "MHP is the leading poultry producer in Europe and one of the biggest grain producers in Ukraine," the firm noted. "As a part of MHP’s strategy to support new businesses, the company aims to strengthen its relations with the restaurant business to bring the company closer to the customer."

Founded in 2020, Foodz is a dark kitchen start-up that has been developing an online restaurant chain in Kyiv. The company has raised over USD 2 million in investments and manages 12 brand restaurants with over 100,000 customers.

The Avellum team was led by Counsel Andriy Romanchuk and Associate Yuliia Chelebii-Kravchenko and included Managing Partner Mykola Stetsenko, Senior Associate Anastasiya Voronova, and Associate Yelyzaveta Kashyna.

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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