Business news from Ukraine

DISTRIBUTOR OF SEEDS BUYING KHARKIV DAIRY PLANT FROM PEPSICO

Agrosvit scientific and industrial company, distributor of seeds and crop protection agents, is buying Kharkiv dairy plant, belonged to PrJSC Wimm-Bill-Dann Ukraine (part of PepsiСo Ukraine).
According to the Antimonopoly Committee of Ukraine, the committee approved the deal to sell the property complex. The buyer is Kharkiv Dairy Plant LLC. The owner of the limited liability company is Oleh Zverev. His father, Viktor Zverev, is the founder of Agrosvit and President of the Kharkiv Chamber of Commerce and Industry.
The committee said that Wimm-Bill-Dann Ukraine produces dairy products under contract with Sandora LLC.
Kharkiv Dairy Plant LLC is not engaged in economic activities. It was registered in February 2019, plans to produce drinking milk, butter and dairy products.

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PEPSICO WANTS TO SELL DAIRY PLANT IN KHARKIV

PepsiCo Ukraine is selling a dairy plant in Kharkiv region.
“As part of the project to improve the efficiency of the production infrastructure of PJSC Wimm-Bill-Dann Ukraine [a member of PepsiCo Ukraine, owns the plant], the company has decided to consolidate the dairy production at a single production site in Kyiv region. The sale process of the Kharkiv dairy plant and its transfer to the new owner is now at the final stage,” PepsiCo Ukraine told Interfax-Ukraine.
According to the press service, the company will continue developing the dairy business and the production under the Wimm-Bill-Dann Ukraine’s trademarks.
“The dairy business remains one of the priorities for PepsiCo Ukraine. Until the final completion of the transaction the details of the sale and purchase, as well as information about the buyer, are not disclosed for objective reasons,” the press service of the company said.
According to the Antimonopoly Committee of Ukraine, on June 13, the authority considered the purchase of Kharkiv Dairy Plant LLC.
According to the public register, Kharkiv Dairy Plant LLC was registered in February 2019. Its owner is Oleh Zverev. He also owns Bilozavodsky Elevator LLC (Kharkiv).
Wimm-Bill-Dann Foods LLC (Moscow, Russian Federation) in May 2019 announced the squeeze-out of shares of the minority shareholders in PJSC Wimm-Bill-Dann Ukraine.

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