Biosphere Corporation, Ukraine’s largest manufacturer and distributor of household and hygiene products, may acquire Service Pro LLC (Dnipro), which called itself the largest distributor of household and hygiene products in Ukraine in its 2020 report.
According to the Antimonopoly Committee of Ukraine on its website, it has granted Biosphere permission to purchase over 50% in the capital of Service Pro LLC.
According to Opendatabot data, the ultimate beneficial owner of the LLC with authorized capital is Tetyana Korotash. The company in 2022 reduced its revenue by 33.9% to UAH 2 billion 14.02 million, and its net loss amounted to UAH 21.60 million compared to UAH 103.87 million net profit a year earlier. The LLC had assets of UAH 1.18 billion at the end of 2022.
In the report for 2020, when revenue amounted to UAH 2 billion 712.20 million and net profit of UAH 153.78 million, Service Pro indicated that it represented three main business lines: household goods – the largest selection of products for cleaning in and outside the house, for cooking; personal care products – wet wipes, cotton hygiene products, cosmetic products, intimate hygiene products, paper products and decor; and products for professional use.
In the assortment range of the enterprise there were almost 1000 items of goods, sold both in Ukraine and exported to 30 countries of the world.
“Our ambition is to become the largest manufacturer and distributor of household and hygiene products in Europe, as well as in the perspective of 5 years to enter the markets of North and South America”, – stated then “Service Pro”.
Biosphere Corporation has been operating in Ukraine for more than 25 years. Its products are represented on the markets of 30 countries in Europe and Asia. The product portfolio includes more than 2 thousand items under 13 trademarks “Freken Bok”, Smile, Selpak, Vortex, Novita, PRO service, “LayKit”, Bambik and others.
The corporation’s capacities are represented by four plants with a total production area of 35 thousand square meters in Dnepropetrovsk, Kiev and Khmelnitsky regions, open production in Ternopil, as well as logistics complexes with an area of 30 thousand square meters. m.
The KPD plant in Dnipro, the largest production and logistics complex of the corporation with an area of 34 thousand square meters, produces garbage bags and wet wipes.
Together with the French Groupe Lemoine, Biosphere also owns a plant in Estonia for the production of cotton products with an area of 8.5 thousand sq. m. ADB
BIOSPHERE CORPORATION, manufacturer and distributor of household, Service Pro LLC
Corporation Biosphere (Dnipro), the largest Ukrainian manufacturer of household and personal care products, is completing the construction of a new logistics complex at its site with an area of 8,500 square meters worth EUR 4 million, and is also implementing a project for the production of nonwoven fabrics for wet wipes worth EUR 21 million.
“In a month we will launch a warehouse complex – a narrow-aisle, high-class, yet non-automatic. With our assortment, we understand that this [automatic] is the next stage,” the founder and CEO of Biosphere, Andriy Zdesenko, said at the forum “UkraineInvest Talks: Dnipro.”
He added that the corporation is also already building Ukraine’s first facility for production of nonwoven fabric for wet wipes, which it manufactures and exports to 30 countries.
“Previously, we imported about 70 vehicles of cloth per month to produce this product. Having bought the most modern equipment of Austrian-French production, we will start installing it in autumn, and there will be a full cycle: production of non-woven cloth – wet wipes – a brand and a global opportunity to export,” he said.
Speaking about the prospects, he noted the significant growth potential of a fairly large domestic market and the faster and more qualitative development of logistics in it thanks to such companies as Rozetka or Nova Poshta.
At the same time, the CEO of Biosphere advocated the creation by the state in Ukraine of competitive conditions in comparison with Poland or Estonia, where there are tax benefits in the form of a tax on withdrawn capital.
Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are presented in the markets of 30 countries in EUR ope and Asia. The product portfolio includes more than 2,000 items under 13 trademarks Freken BOK, Smile, Selpak, Vortex, Novita, PRO service, Bambik and others.
The Biosphere Corporation, a leading manufacturer and distributor of household and hygienic products in Ukraine and the CIS, has started accepting a line for production of diapers in Italy and plans to start their production in Ukraine early 2020, the founder and CEO of the corporation Andriy Zdesenko has said.
“We plan to become number one manufacturer of private brands of diapers in Ukraine and several of our private labels,” he told Interfax-Ukraine on December 28.
Zdesenko said that on December 18-19 the first stage of equipment acceptance took place, and its final acceptance will be in Italy on January 13-17, after which the equipment will be installed at the production site in Dnipro.
Commenting on the unsuccessful attempts in the past of other domestic entrepreneurs to arrange the production of diapers in Ukraine, the founder of Biosphere noted the complexity of production technology and high competition in the market.
“But now there is confidence that we have gained enough expertise and brand recognition for the Biosphere. We also invited a specialist from Canada to lead this production, so we are ready to seriously compete with Western brands,” Zdesenko said.
The Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are presented in about 20 markets in Europe and Asia. The product portfolio includes more than 2,000 items.
