Egorov Puginsky Afanasiev & Partners Ukraine has assisted H2 Equity Partners, a leading Western European investment firm, with obtaining the Antimonopoly Committee of Ukraine (the "AMCU") merger clearance for the acquisition of Oerlemans Foods from global food company Vion. The takeover price will not be made public.
H2 Equity Partners stated that it is looking forward to further reinforce Oerlemans' position on the basis of its Dutch and Polish operations.
H2 Equity Partners, founded in 1991, is a leading Western European hands-on investment firm with its head offices in Amsterdam and London. H2 has approx. € 500 million under management and invests in medium-sized companies in the Benelux, Germany and the UK.
Oerlemans Foods is a specialised manufacturer and supplier of frozen fresh vegetables, fruit and potato products. The company has a turnover of approx. € 135 million and employs 740 staff. With a range of over 1,000 products and the brands Oerlemans, Keizer, Bio+ and Bauer, Oerlemans Foods focuses on the international foodservice, retail and industrial markets. The head office is located in Venlo NL and the company has production plants in the Netherlands and Poland.
VION is a Dutch food company which operates internationally. In 2013 Vion realized a turnover of € 7 billion. Vion is not listed and has one single agricultural shareholder: the Dutch Southern Agriculture and Horticulture Organisation (ZLTO), which has approximately 16.500 members.
Egorov Puginsky Afanasiev & Partners' Ukraine competition team was led by Partner Oksana Ilchenko and comprised Counsel Oleg Boichuk, Associate Oksana Franko, Junior Associates Nadiya Dmytrenko and Rostyslav Zelenyuk.