Arzinger & Partners advised Dragon Capital and East Capital Bering Ukraine Fund in acquisition of 70%stake in Chumak – one of Ukraine’s top consumer brandsApril 11, 2008. – Arzinger&Partners Ukraine acted as a legal counsel to Dragon Capital and East Capital Bering Ukraine Fund in the acquisition of the 70%stake in Chumak – one of Ukraine’s top consumer brands. As the result of the deal, Investment bank Dragon Capital and East Capital Bering Ukraine Fund have jointly gained control over 70% stake from Chumak’s co-founder, Professor Hans Rausing. Arzinger & Partners Ukraine provided legal support of the deal, including the due diligence, obtaining of the permit for closing the deal with the Antimonopoly Committee of Ukraine, legally supported negotiations between the parties to the deal and transfer of control. The project team was led by Partners Inna Laska and Volodymyr Shkred, supported by associates Pavlo Barbul, Alexandra Hlozman, Valentyna Rostopira and Volodymyr Tereshchenko.
Arzinger & Partners Ukraine is a member of the international alliance of independent law firms represented in 8 countries: Germany, Czech Republic, Slovak Republic, Hungary, Turkey, Russia, Belarus and Ukraine. Understanding the dynamics and peculiarities of conducting business on emerging East-European markets we advise our clients on better possibilities to raise their capital, expand business, protect investments and resolve disputes. Our key practice areas: Real Estate and Construction, Mergers and Acquisitions, Company law, Restructuring and insolvency, Litigation, Arbitration, Capital markets, Banking and debt finance, Tax law, Competition law, Foreign Investments, Labour law, Public Private Partnership. With over 40 lawyers Arzinger & Partners is the third biggest international law firm in Ukraine with offices in Kyiv and Lviv. Our working languages are Ukrainian, Russian, English, German, Dutch, Spanish and French. www.arzinger.ua Chumak is one of Ukraine’s most famous food companies, known for its expertise in processing and marketing natural high-quality food products made in Kherson region, Ukraine’s agricultural heartland located near the Black Sea coast. The company is one of the largest producers of ketchup, mayonnaise, sauces, canned vegetables and pasta in Ukraine. Chumak, established in 1996 by two Swedish businessmen, Carl Sturen and Johan Boden, sells its products under the brand Chumak, which is today one of Ukraine’s most popular FMCG brands. The company owns a state-of-the-art production facility and a logistics center in Kakhovka (Kherson Region) and also has commercial offices in Kyiv, Minsk and Moscow. Chumak employs about 1,000 people. www.chumak.com Dragon Capital is Ukraine’s largest securities brokerage, investment banking, private equity and asset management firm offering a full range of services to institutional, corporate and private clients. Established in 2000, the company is an independent partnership controlled by management, with a minority stake held by Goldman Sachs. Dragon Capital is the largest broker on the Ukrainian stock market, with a 30% market share in 2007. The firm has completed 22 IPOs and private placements for Ukrainian companies since 2005, raising $1.5bn. Dragon’s asset management arm has $1bn under management. Financial magazine Euromoney has recognized Dragon Capital as the Best Equity House in Ukraine in 2002 and 2004-2007. www.dragon-capital.com EAST CAPITAL AND EAST CAPITAL BERING UKRAINE FUND Founded in 1997, East Capital is a leading, independent asset manager specialising in Eastern European financial markets. The company, which is headquartered in Stockholm, with offices in Paris, Tallinn, Moscow, Oslo, Hong Kong, Milan and Vienna, actively manages over EUR 5.7bn, basing its investment strategy on thorough knowledge of the markets, fundamental analysis and frequent company visits by its investment teams. East Capital Bering Ukraine Fund aims to achieve long-term capital appreciation from investments in Ukrainian equities, both listed and unlisted. Investments in the Fund are closed for four years. www.eastcapital.com For more information please contact: |
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