Asters acted as a legal counsel to Horizon Capital, a leading private equity firm in the region with USD 1.8 billion under management, on the exit from Yarych, one of Ukraine's leading confectionary producers (brands Maria, Petit Beurre, The Crackers, and others).
Yarych pioneered the export of biscuits to the EU following implementation of a free trade zone with Ukraine. The transaction concludes nearly 8 years of Horizon Capital's investment into Yarych.
Asters provided full legal support to Horizon Capital on the transaction, including drafting and negotiating the transaction documents, structuring and antitrust aspects of the deal.
Asters' team included Partner Oleksiy Demyanenko, Counsel Oleksandr Khomenko, Senior Associate Ihor Pavliukov and Junior Associate Mariia Skoropad for M&A work, Partner Constantin Solyar and Senior Associates Roman Podzizei and Pavlo Shovak for tax advice, as well as Partner Igor Svechkar and Counsel Pavlo Verboliuk for antitrust work.
Asters is the largest full-service law firm in Ukraine with offices in Kyiv, London and Washington, D.C. The firm has access to over 125 jurisdictions through a well-developed network of partner law firms.