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Sayenko Kharenko Advises Bel Group on Completion of Sale of Ukrainian Business to Lactalis

Sayenko Kharenko Advises Bel Group on Completion of Sale of Ukrainian Business to Lactalis

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Sayenko Kharenko, working with Linklaters’ Paris office, has advised the Bel Group on the completion of the disposal of its entire shareholding in PrJSC Bel Shostka Ukraine to Lactalis. Freshfields Bruckhaus Deringer’s Paris office advised Lactalis on the deal.

The Bel Group operates in branded cheese and healthy snack markets. Its portfolio of brands includes trademarks such as The Laughing Cow, Kiri, Mini Babybel, Boursin, as well as around 20 local brands in Ukraine (including Shostka).

The Lactalis Group is a French family business founded in 1933 in Laval. It is known for brands such as President, Galbani, and Parmalat.

The transfer took place as a part of a larger transaction under which Bel Group disposed of its business in the Netherlands (Royal Bel Leerdammer B.V.), Italy (Bel Italia S.p.A), Germany (Bel Deutschland GmbH), and Ukraine (Bel Shostka) in exchange for 23.16% of Bel shares owned by Lactalis

Sayenko Kharenko’s team was led by Senior Associate Ilhar Hakhramanov and Associate Mykola Lykhoglyad and included Associates Zarina Khalimon and Konstantin Zablotskyi and Junior Associate Nazarii Pylypchuk under the general supervision of Partner Oleksandr Nikolaichyk.

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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