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Goltsblat BLP Advises Rossium Group on Acquisition of Majority Stake in Onexim's OPIN

Goltsblat BLP Advises Rossium Group on Acquisition of Majority Stake in Onexim's OPIN

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Goltsblat BLP has advised Russian billionaire Roman Avdeev's Rossium group of companies on their acquisition of a 90.99% stake in Mikhail Prokhorov's Onexim group's PJSС OPIN development group. Onexim was advised by Herbert Smith Freehills on the deal.

Founded in 2002, OPIN has become one of the leading real estate development companies in Russia. The company’s portfolio includes nearly 200,000 square meters of commercial space and 500 hectares of developed master-planned communities, according to the OPIN website. The deal also gives Rossium Concern control over all development projects, including the Torpedo Stadium site and a land bank of 28 thousand hectares.

Goltsblat BLP's team was led by Partner Rustam Aliev, who described the deal as "a complex transaction with a very intense timeline," and said that the "high level of proficiency and expertise of all parties involved translated into smooth completion. We were happy to be a part of that."

Aliev was supported by Partner Ian Ivory, Heads of Group Dmitry Maltsev and Dmitry Ilyin, Senior Associate Dimitri Antipin, and Associate Victoria Bodrova. 

Herbert Smith Freehills did not reply to our inquiry on the matter.

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Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

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Firm's website: www.epam.ru

 

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