The AMCU allowed the NAP II Holdings to buy more than 50% of the shares in two agricultural companies

The AMCU allowed the NAP II Holdings to buy more than 50% of the shares in two agricultural companies

01.04.2016 News

The AMCU allowed the NAP II Holdings to buy more than 50% of the shares in two agricultural companiesRecently, the Antimonopoly Committee of Ukraine allowed the company NAP II Holdings B.V. (Netherlands), controlled by  the NCH Capital (USA) to acquire more than 50% of the shares of two agricultural enterprises in the Khmelnitskyi region. This is stated on the AMCU  website.

The permission granted for the purchase of the  shares of the companies “Ukrzernoprom Derazhnya” and “Cygnet Podillya” in the Khmelnitskyi  region.

It is noted,  that “Ukrzernoprom- Derazhnya” specializes in the cultivation and sale of crops, mainly wheat, canola, barley, sunflower and maize; it is the part of the “Ukrzernoprom Agro” –  subsidiary of the holding company MCB Agricole Holding AG (Austria). The company is constantly expanding the area of ​​the leased land, which are immediately being entered into production. The productivity indicators consistently exceed the averages in Ukraine.

The “Cygnet” is  agricultural holding with foreign investments. The plant engaged in the cultivation of corn, soybeans, wheat and sugar beet. Other activities are dairy cattle breeding and production of sugar. The “Cygnet Holding” also owns a sugar factory.

The NCH ​​Capital (USA) is a company which was established in 1993. Today the company manages assets worth $ 3.5 billion through a variety of investment funds around the world. The products of the company are being sold in 50 countries around the world.

Source: latifundist.com

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