InVivo-Soufflet merger has no impact on Ukrainian subsidiary — Soufflet Agro Ukraine
InVivo-Soufflet Group M&A transaction is close to completion, Soufflet Agro Ukraine press service told Latifundist.com.
The Ukrainian subsidiary officials commented that the merger has no impact on any of Soufflet Group's businesses (incl. seeds and inputs distribution, silo services and trading).
The company confirmed that there will be no optimization of business areas, personnel and other changes in the Ukrainian division. Also, Soufflet will remain a separately functioning business in the structure of InVivo.
As a reminder, InVivo announced on January 13 that it started negotiations regarding the acquisition of 100% of Soufflet Group’s capital.