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9 October 2009

Asters Law Firm Advising ED&F Man Holding on Purchase of an Interest in a Ukraine's Large Sugar Refinery


Asters advised ED & F Man on a recently closed transaction for the purchase of a minority interest earlier held by TEKT Group in LLC "UKRAINIAN SUGAR COMPANY", which resulted in ED & F Man's 100% ownership in Zaselye Sugar Refinery.

The legal advice was provided by a group of lawyers led by Oleksiy Didkovskiy, Asters' Managing Partner, and Vadym Samoilenko, Partner with the Firm, including Associates Oleksiy Kolchanov, Olga Fayzieva, Ganna Novodvorska, and Ganna Dzibiy.

In the opinion of Oleksiy Didkovskiy, the structurally complicated transaction was successfully closed due to a constructive professional approach to the negotiations and the transaction as such. The closure will enable ED & F Man to continue with its Ukrainian project.

ED&F Man was established in 1783, and is one of the world's largest suppliers of food products, feeds, spices, coffee, cocoa, and sugar. ED&F Man Sugar is a leader of the world sugar market, operating in many countries around the globe.


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