French SAS INVESTCOMPAGNIE to acquire stake in Agrain Trans

The Antimonopoly Committee of Ukraine authorized the French company SAS INVESTCOMPAGNIE to acquire a share in the authorized capital of the company Agrain Trans, a subsidiary of Agrain agrogroup.

The relevant acquisition provides for an excess of 50% of votes in the supreme governing body of the company.

This year, the AMCU has already approved SAS INVESTCOMPAGNIE for the purchase of five entities of Agrain.

Agrain was established in 2011. With 110 thou. ha of landbank, the company is among the 15 largest agricultural holdings in Ukraine. Agrain leases land in 5 regions, including Zhytomyr, Kharkiv, Odesa, Chernihiv and Cherkasy regions. The company produces grains and oilseeds, develops dairy and meat cattle breeding, owns two grain elevators, a logistics company and it is one of the largest pork producers.

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