Baker McKenzie has assisted with the successful formation of a private equity fund vehicle in Luxembourg and sourcing financing for the joint acquisition of a 16% equity stake in Allseeds S.A. by the Dutch development bank FMO and private equity manager Diligent Capital Partners.
The investment was made to realize Allseeds' expansion plans of adding to its oilseed crushing and trans-shipment capacities, as well as to enable other value-added processing of vegetable oils and by-products.
The transaction involved legal and tax structuring of the private equity fund vehicle to support investment in the target business as well as other future transactions with key input from Partner Catherine Martougin, Senior Associate Ali Bouhrara from the Private Equity Team and Tax Director Amar Hamouche from Tax practice Group of Baker McKenzie Luxembourg. The transaction was project-managed by Senior Associate Andrii Moskalyk under the overall supervision of Partner Viacheslav Yakymchuk from the Corporate and M&A Practice of Baker McKenzie Kyiv.
"This was a truly remarkable and exciting transaction for us and, we believe, for the Ukrainian market in general. In recent years, not so many deals have been designed for the purposes of private equity funds targeting Ukrainian business opportunities. We hope that this paves the way for transactions of a similar nature and magnitude in the near future and generally revives the interest of private equity investors in Ukrainian assets," said Viacheslav Yakymchuk.