Krolevets Feed Mill may enter Ukraine’s Top 10 largest landholders through acquisition of ROSTOK-HOLDING assets
Krolevets Feed Mill is acquiring three companies belonging to ROSTOK-HOLDING. The deal was listed in the draft agenda of the Antimonopoly Committee of Ukraine dated May 7.
The companies involved are Novhorod-Siversky Agrarian Investments, Demor, and Novhorod-Siversky Elevator.
According to Latifundist.com information, the transaction includes 13,000 hectares of farmland, including 3,000 hectares located in the frontline zone that are currently not under cultivation. The deal also includes a livestock farm with a herd of 300 cows.
According to the Elevator Map database on Elevatorist.com, the Novhorod-Siversky Elevator has a grain storage capacity of 33,500 tons.
The application to the Antimonopoly Committee of Ukraine was submitted through UTF AG, a Swiss non-resident company that, according to our information, is affiliated with Krolevets Feed Mill. In the ImportGenius database, UTF AG is listed as one of the company’s key trading partners.
Once the deal is completed, the land bank of Krolevets Feed Mill will reach 108,000 hectares, allowing the company to enter the top 10 largest agricultural landholders in Ukraine by land bank size.
Previous ROSTOK-HOLDING assets acquired by Krolevets Feed Mill
In 2021, the Antimonopoly Committee of Ukraine granted Krolevets Feed Mill permission to acquire a stake in ROSTOK-HOLDING. The deal concerned the assets of the Hlukhiv cluster, including the Hlukhiv Elevator.
The Hlukhiv Elevator of ROSTOK-HOLDING, April 2020
According to the regulator’s decision, Krolevets Feed Mill received approval to acquire a share exceeding 25% of voting rights in the company’s governing body. The AMCU also approved a transaction allowing the company to exceed the 50% voting threshold.
