Business news from Ukraine

Business news from Ukraine

Agrolife GmbH has received permission from Antimonopoly Committee of Ukraine (AMCU) to acquire Amber Agro LLC

The Antimonopoly Committee of Ukraine (AMCU) has authorized Agrolife GmbH (Hamburg, Germany) to acquire a stake of more than 50 percent in AMBER AGRO LLC (Mykolaiv).

According to the committee’s website, the AMCU made the relevant decision at a meeting on Thursday.

According to the data of Opendatabot service, Amber Agro LLC was established in 2008 in Nikolaev. It specializes in the cultivation of grains and legumes, oilseeds, as well as the production of ready-made animal feed.

The company’s revenue in 2023 amounted to UAH 19.33 mln, net loss – UAH 9.79 mln, debt obligations – UAH 49.52 mln. Assets are estimated at UAH 16.68 mln. The company employs 19 employees. The authorized capital is UAH 3.02 million. The ultimate beneficiary through the Cyprus-based Inkomela Limited is Boris Skiba. Earlier he was listed among the beneficiaries of Agrolife GmbH.

Agrolife GmbH, according to information on its website, is a supplier of oilseeds, grains and feed additives for livestock on the markets of Germany, the EU and Ukraine. Agrolife GmbH together with Danish Fermentationexperts AS are the founders of European Protein Ukraine LLC (Kiev region).

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