The Antimonopoly Committee of Ukraine (AMCU) will consider a possibility of the acquiring of agro-trading firm Agro-Dilo LLC (Pervomaisk town, Mykolaiv region), a subsidiary of the international holding ED&F Man, by Deimanivsky Dar LLL (village of Deimanivka, Poltava region), part of the agricultural holding A.G.R. Group.
The relevant issue is contained in an agenda of a meeting of the state regulator on January 27.
According to the A.G.R. Group, Deimanivsky Dar is part of the Hrebinka cluster in Poltava region. In addition to this region, the group of companies cultivates land in Kyiv, Chernihiv and Sumy regions, all grown products are sold on foreign markets.
The total land bank of the agricultural holding is up to 33,000 hectares, it includes 20 companies. The main activity is cultivation and storage of grain crops, mainly corn and soybeans, as well as animal husbandry.
The founder and sole shareholder of A.G.R. Group and its member companies is Armenian citizen Misak Khidiryan.
ATF Agro-Dilo is a subsidiary of the international holding ED&F Man, one of the world’s largest suppliers of food, sugar, spices, coffee, animal feed and other types of food products. Agro-Dilo is mainly engaged in cultivation of grain crops.
In the company’s charter capital with a total amount of UAH 808.1 million, some 78.06% belongs to British company ED&F Man Treasury Management PLC, and 21.93% belongs to ED&F Man Ukraine Investments BV (the Netherlands).
ED&F Man Ukraine has been working in Ukraine since 2007. The company owns Zasilsky sugar refinery (Pervomaisk, Mykolaiv region) with a production capacity of up to 50,000 tonnes of sugar per year. ED&F Man is also implementing a comprehensive investment program for land irrigation in Kherson and Mykolaiv regions.
During its work in Ukraine, the company has invested more than $150 million in Ukrainian agribusiness.
Among the company’s clients in Ukraine: Coca-Cola Ukraine, Sandora LLC, Conti Group, Rosynka, Pervomaisk Dairy Products Canning Plant and others.
AGRO-TRADING, ANTIMONOPOLY COMMITTEE
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