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Avellum Advises on Merger Control Clearance for Q Partners’ Acquisition of UPD Holdings Limited

Avellum Advises on Merger Control Clearance for Q Partners’ Acquisition of UPD Holdings Limited

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Avellum has advised both Q Partners and UPD Holdings Limited on obtaining merger control clearance for the former’s acquisition of a 55% stake in the latter, before the Antimonopoly Committee of Ukraine.

According to Avellum, the acquisition was performed via Ethelbert Trading Limited, a company owned by Q Partners’ owner, Andriy Ivanov. “Final settlements between the parties are expected by mid-2026. At the same time, UDP development company will continue to work on ongoing projects,” according to the firm

UDP was founded in 2002 by Andriy Ivanov and Vasyl Khmelnytsky. Since then, according to Avellum, “the company has launched over 20 residential and commercial real estate projects, including the revitalization of the territory of the former Arsenal Factory, Kyiv International Airport (Zhuliany), UNIT.City and LvivTech.City parks, as well as multifunctional complexes Novopecherski Lypky Residential Complex, Park City Residential Complex, RiverStone Residential Complex, White Lines, and others.”

Q Partners, also founded by Andriy Ivanov, invests in high growth potential businesses for further development and subsequent sale to strategic investors.

Avellum’s team included Partner Mykyta Nota, Senior Associate Anton Arkhypov, and Associate Yelyzaveta Kashyna.

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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