Asters provided legal advice on Ukrainian merger control matters, including obtaining of the merger clearance from the Antimonopoly Committee of Ukraine, in connection with the acquisition by Triton Fund of GEA Group's Heat Exchangers (HX) Segment for EUR 1.3 billion.
Asters' team advising on the project included Partner Alexey Pustovit, and Associates Olga Andrushchakevych and Iryna Fomina.
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GEA Group Aktiengesellschaft is one of the largest suppliers for the food processing industry and a wide range of other process industries. As of 31 December 2013, the group employed about 18,000 people worldwide. GEA Group is a technology market leader in its business areas.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Northern Europe – with a focus on Germany, Switzerland, Austria and the four Nordic countries: Denmark, Finland, Norway and Sweden. The 25 companies currently in Triton's portfolio have combined sales of approximately EUR 13 billion and over 55,000 employees.