On September 19, Aqua Solar Invest LLC (Bershad, Vinnytsia region) won the right to privatize the separate property of the Kobylovoloki distillery (Kobylovoloki village, Ternopil region), which is part of the State Enterprise “Ukrspirt”, for UAH 70 million 253 thousand, which is 2.8 times exceeds its starting cost of UAH 25.2 million.
The corresponding results of trading between the six participants were published on the website of the Prozorro.Sales online platform on Monday. In addition to Aqua Solar Invest, Shtrihi LLC (Kyiv) offered UAH 70 million 252 thousand 900 for the distillery (UAH 100 less than the final price of the lot), and Zakhidny Resource Center LLC (Druzhba, Ternopil region) – UAH 70 million (UAH 253 thousand less).
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of Aqua Solar Invest with an authorized capital of UAH 25 million is Alexander Yaroshenko (25% in the authorized capital), Lilia Astapova (25%), and Elena Smirnova (25%), with Until December 2020, the company was wholly owned by Felix Lutsky.
This company already has experience in privatizing the assets of the State Enterprise “Ukrspirt” – in October 2020, it won the right to privatize the Bershad distillery for UAH 19.81 million at an online auction in Prozorro.Sale, and in early February 2022 completed a deal on its purchase, having received the appropriate permission from the Antimonopoly Committee of Ukraine.
The company is engaged in the distillation, rectification and blending of spirits, while until January 2021, its line of business was listed as real estate.
Aqua Solar Invest in 2020 received UAH 0.1 thousand in revenue and UAH 411.6 thousand in net loss. For 2021, the legal entity has not yet provided financial statements.
The immovable property of the Kobylovoloksky distillery subject to privatization with a total area of 11.5 thousand square meters. m is located on seven land plots in the Terebovlyansky district of the Ternopil region with a total area of 36.95 hectares. The asset was put up for sale by the State Property Fund of Ukraine (SPF) on September 1.
The enterprise includes production buildings, a granary, an alcohol storage, hangars, pumping stations, a greenhouse, a starch and malt workshop, a gas station, etc., as well as technological equipment and necessary communications.
The daily capacity of the distillery is 2.7 thousand decalitres of ethyl alcohol. The company was founded in 1905, modernized in 2016. Production at the facility has been temporarily suspended.
As reported, the State Property Fund has already put up the Kobylovolok distillery for a privatization auction in December 2020 with a starting price of UAH 25.9 million. As a result of the auction, the value of the asset more than tripled – up to UAH 81.75 million, but the winning companies eventually abandoned the privatization of the distillery.
