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Avellum Partners Advised Lafarge Group on Selling One of Its Cement Plants in Russia to Dyckerhoff Gmbh
Avellum Partners, Kyiv, UkraineMon, Dec 8, 2014
Kyiv, 08 December 2014 – Avellum Partners advised LafargeGroup in connection with obtaining a mergercontrol clearance from the Antimonopoly Committee of Ukraine for the sale of LLC“Lafarge UralCement”, operating a 1.1 million tones per year cement plant inKorkino, Russia, to Dyckerhoff Gmbh. The plant was sold for atotal enterprise value of EUR 104 million.
LafargeGroup is one of the world leaders in building materials, including cement, aggregates,concrete, and gypsum.
The Avellum Partners team was led by Associate Mykyta Nota withsignificant input from Associate Iaroslav Medvediev under the supervision of PartnerKostiantyn Likarchuk.
“We are proud to have acted as a legal advisor in obtaining a merger control clearance in Ukraine for this cross-border deal. Ourantitrust team has once again proved its high professionalism, vast experience,and deep expertise in providing legal advice to internationaland local clients on all aspects of competition law in Ukraine. This deal willtop up our long record of successful advice duringthestructuring process of international mergers and acquisitions”, commented Kostiantyn Likarchuk.