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ASTERS OBTAINED THE ANTIMONOPOLY APPROVAL FOR PRIVATIZATION OF THE UKRAINIAN SPIRITS INDUSTRY ASSETS BY ZERNOFF
Asters, Kyiv, Ukraine, Feb 16, Tue, 2020
Asters is a member of U.S.-Ukraine Business Council
Asters has acted for Intreprinderea Mixta "Zernoff" S.R.L., a leading Eastern European manufacturer of spirits and strong alcoholic beverages, on its acquisition of Ukrspyrt's assets. The deal marks the first privatization of the Ukrspyrt assets by a foreign investor.
The privatization valued the relevant Ukrspyrt's assets at UAH 120 million making it the first largest privatization transaction of Ukrspyrt assets.
The case was handled by Asters' associate Ivan Yaremchuk and partner Alexey Pustovit.
Asters is the largest law firm in Ukraine with offices in Kyiv, Washington D.C., Brussels and London. Chambers Europe 2020 recognizes 21 lawyers of Asters – the largest number of the renowned practitioners in a single Ukrainian law firm.