Delta Wilmar is buying the Chumak food producer from Dragon Capital.
“Chumak is one of the largest food producers in Ukraine. Delta Wilmar is buying the entire company,” Delta Wilmar CEO Yuri Golyanich said in an interview with Interfax-Ukraine.
Details of the transaction will be known early this week.
According to the information on the website of the Antimonopoly Committee of Ukraine, the regulator agreed on the purchase of Flottotrade Limited by Crestone Investments Limited (both from Cyprus).
Crestone Investments owns Chumak subsidiary LLC. The ultimate beneficiary is the head of Dragon Capital Tomas Fiala.
Chumak is the largest producer of food products: canned vegetables, sauces, ketchups, pasta, mayonnaise, desserts. The company also produces products for retail chains and HoReCa under the private label.
