Avellum and Integrites Advise on Bilshovyk Plant Privatization

Avellum and Integrites Advise on Bilshovyk Plant Privatization

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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.