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Sayenko Kharenko Helps CMA CGM Obtain Merger Clearance for Spanish Port Acquisitions

Sayenko Kharenko Helps CMA CGM Obtain Merger Clearance for Spanish Port Acquisitions

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Sayenko Kharenko has helped CMA CGM obtain merger clearance from the Antimonopoly Committee of Ukraine for the acquisition of two Spanish port terminals – in Valencia and Bilbao – through the purchase of a 49% stake in Cosco Shipping Ports Holding.

The CMA CGM Group operates in shipping and logistics. With a presence in 160 countries through 400 offices, 750 warehouses, 155,000 employees, and a wide fleet of 620 vessels, CMA CGM serves 420 of the world’s 521 commercial ports and operates 257 shipping lines.

According to Sayenko Kharenko, "a respective stake in Cosco will allow CMA CGM to expand its container terminal footprint in Europe and the Mediterranean and to support its end-to-end shipping and logistics inland solutions by the acquisition of two Spanish terminals – in Valencia and Bilbao."

The Sayenko Kharenko team included Partner Volodymyr Sayenko, Counsel Julia Kuyda, Associate Snizhanna Sheshliuk, and Junior Associate Svitlana Derkach.

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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