Cereal Planet Plc has acquired 100% of shares in Olymp LLC, according to a posting on the website of the Warsaw Stock Exchange (WSE).
According to the report, Cereal Ukraine LLC decided to terminate its operations via the reorganization and joining Olymp LLC. The merger is to take place in H1 2018.
According to a posting on the website of Cereal Planet Group, on February 19, 2018 the company acquired corporate rights of Olymp LLC, becoming the sole owner of the company.
Cereal Planet exports cereals to more than 50 countries (China, India, Germany, Italy, UAE, Poland, Turkey and other countries).
The company’s owners are Anatoliy and Oleksandr Vlasenko (with stakes of 33.53% and 29.93%), Oleksandr Slavhorodsky (29.93%) and Ihor Dobruskin (5.5%).
