Business news from Ukraine

Business news from Ukraine

Ukrainian Meest plans to attract a strategic investor

4 October , 2024  

The postal and logistics group Meest is planning to attract a strategic investor to build a stable business in Europe, Meest China shareholder Vyacheslav Lysenko told Interfax-Ukraine in a blitz interview.
“We are preparing the company to go public, and we have attracted powerful investments for its development – a powerful foreign investor who appreciates our achievements and experience, is interested in the stable business that our company will build in Europe,” Lysenko said.
It is a strategic investor, the company’s shareholder clarified.
He refused to name the size of the stake the group is ready to offer to the “strategist.”
At the same time, a Meest China shareholder confirmed that the potential investor is a logistics company.
The deal could be closed in 2025, Lysenko said.
Meest Group delivers to 90 countries and has been operating in the c2c and b2c postal services market for over 30 years. The company was founded by entrepreneur Rostyslav Kysel, who remains its beneficiary and is responsible for the strategic direction of the company. The Group of companies includes Meest China, Meest USA, Meest Europe and Meest Ukraine.
Meest China has been a leader in the delivery of postal parcels from China for over 15 years. It also delivers large cargoes from China with customs clearance. It has its own warehouse of 5 thousand square meters in Guangzhou.
In May 2024, Meest International launched a new logistics center near the city of Dębica in Poland, 170 km from the border. The company plans to expand its network of hubs in Eastern and Central Europe.

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