Lavrynovych and Partners have provided legal support in course of obtaining of the permit of the Antimonopoly Committee of Ukraine on purchase of more then 50% of shares of Odessa Cognac Factory by Megapolis Trading House.
The Megapolis holds a strong market position in international and Ukrainian vodka market and Odessa cognac factory (OCF) is one of the market leaders in cognac production in Ukraine. Final merge of the companies will be finished by the III quarter 2007.
The stock purchase could significantly strengthen the position of the Megapolis in alcohol market of Ukraine and rise the OCF’s share of the cognac market up to 30% (at the moment it is about 23%).
The assessed value of the holding company-to-be is about USD 1,2 billion.
Legal support of obtaining of the permit was provided by the team of lawyers headed by Associate Partner of the firm Mr. Stanislav Skrypnyck.