Verevskiy buys Delta Bank's oil and fat assets with a 96 pct discount

Financial Company Sky owned by Andrey Verevskiy, Chairman of the Board of Directors of Kernel, with an offer of UAH 182,5 million became the winner of the Deposit Guarantee Fund auction for the sale of Delta Bank’s pool of assets for UAH 4,85 billion held on June 7th, Finbalance reports.

Thus, the discount in this deal will amount to 96.2 per cent.

According to Finbalance, as of June 11th, the protocol on the results of the auction held on June 7 between the Deposit Guarantee Fund and FC Sky is not signed yet.

According to the YouControl analytical system, 100% of the share capital (UAH 7 million) of Sky Financial Company is owned by Meissen. The founder of Kernel Andrey Verevskiy is the ultimate beneficiary of the latter through the Swiss company Filstar Ltd.

Earlier, the Guarantee Fund reported that some assets from the pool were pledged to the NBU and Ukreximbank.

The mortgaged agricultural products processing assets located in Odesa region include:

  • 39 thousand sq. m. of industrial real estate;
  • the operating vegoil and fat production facility with equipment, access to the railway track and sea transport port;
  • 5.43 hectares of land with a target designation for the location of the oil and fat facility (intended for the construction of a sea grain transhipment complex and a double-end pier);
  • the operating oil and fat facility for the production of margarine, cooking and confectionery fats, sunflower oil and mayonnaise (located near the railway tracks on 5,34 hectares of industrial land).

According to the Deposit Guarantee Fund, the relevant loans were issued by Delta Bank to Illichivsk Port, Odesa Oil and Fat Plant, Illichivsk Grain Terminal and Stroibud Illichivsk.

Previously reported that Sky won the auction of Debtex Ukraine, having agreed to pay UAH 906 million for the assets of Delta Bank. However, Octant FC blocked this deal with the help of the Kyiv District Administrative Court.

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