Kyiv – DLA Piper acted as a legal counsel to LycoRed (Israel), a global leader in bulk, added-value nutrients for use in the dietary supplement, in connection with its investment into Vitan (Ukraine). Vitan, founded in 2002, is a global leader in beta-carotene biomass, essential raw material for production of beta-carotene-based products for various applications in food, food fortifications and dietary supplements. The biomass produced by Vitan is a GMO-free product. Vitan uses a unique, ecologically pure technology and today is the only producer of natural carotenoids in Ukraine and Russia. Lycored operates as a subsidiary of Makhteshim Agan Industries Ltd, the world’s leading manufacturer and distributor of crop and non-crop protection products.

DLA Piper team provided LycoRed with full legal support of the transaction. Our services included legal due diligence, assistance in drafting transactional documents, handling Ukrainian regulatory issues including transaction clearance with the Ukrainian antitrust regulator, support in negotiations, preparation to closing.

The transaction team included Galyna Zagorodniuk, Legal Director and Dmytro Tkachenko, Associate, assisted by Natalia Pakhomovska, Legal Director (Intellectual Property & Technology practice), Anastasiya Bolkhovitinova, Senior Associate (Real Estate practice), supervised by corporate and real estate partners, respectively, Margarita Karpenko and Natalia Kochergina.

ENDS
For further information:
Nataliya Tkachenko, Marketing Manager, DLA Piper Ukraine LLC, Tel: +380 44 490 9579 or Email: nataliya.tkachenko@dlapiper.com

Notes to editors:
1. DLA Piper Ukraine LLC is part of DLA Piper, a global law firm, operating through various separate and distinct legal entities. The Kyiv team comprises more than 35 lawyers and is headed by Managing Partner Margarita Karpenko.
2. DLA Piper is a global law firm with 4,200 lawyers across 77 offices and 31 countries. From its offices across Asia Pacific, Europe, the Middle East and the United States, legal and business advisers provide a comprehensive range of services to local, regional and international businesses.
3. For further information about our organisation and services, please visit our website: www.dlapiper.com.