Advising Farmgate on sale of agricultural business

On 5 September 2023 Farmgate, a Dutch owned farming group being one of the biggest grains and oil seeds producer in Khmelnytsk region, transferred 95% share in its Ukrainian business to A’SPIK Group, Ukrainian top 5 sugar company. Farmgate Ukraine together with its subsidiaries controls the land bank exceeding 6 thousand hectares and other agricultural assets, including real property, machinery and livestock.

Vasil Kisil & Partners acted as a sole legal counsel to Farmgate on this transaction including tax and corporate structuring of the deal, drafting and negotiating full set of acquisition documents, merger clearance and advice on withdrawing investment from Ukraine.