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Avellum and Integrites Advise on Bilshovyk Plant Privatization

Avellum and Integrites Advise on Bilshovyk Plant Privatization

Ukraine
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Avellum and Integrites have advised General Сommerce on obtaining merger control clearance from the Ukrainian Antimonopoly Committee for the acquisition and privatization of the First Kyiv Machine-Building Plant (Bilshovyk Plant).

According to Avellum, "the Bilshovyk Plant was purchased at a privatization auction held on October 27, 2021. The winner of the tender paid UAH 1.429 billion for the shares in the Bilshovyk Plant as well as undertook to fulfill other investors’ obligations."

According to Integrites, "founded in 1882, the Bilshovyk plant was one of the leading manufacturers of industrial equipment in Ukraine. The plant owns a 36-hectare land plot in Kyiv."

The Integrites team was led by Senior Partner Vyacheslav Korchev and Counsel Yaroslav Medvediev.

The Avellum team was led by Partner Mykyta Nota and included Senior Associate Anton Arkhypov and Junior Associate Nataliia Chop.

Avellum at a Glance

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