Redcliffe Partners acted as Ukrainian legal counsel to Straco BVBA (Belgium) in relation to the acquisition of the Ukrainian subsidiaries of Greenyard NV (Belgium) engaged in the mycoculture business. The Belgium office of Clifford Chance acted as global counsel to the purchaser.
Straco BVBA is an independent investment fund located in Belgium, engaged in real estate investment, project development and private equity. Its mycoculture division produces and supplies phase two and phase three high quality growing media used by mushroom growers.
Redcliffe’s role in the transaction involved conducting legal due diligence of the Ukrainian target entities; advising on Ukrainian law matters relating to the share purchase transaction, including contributing to the preparation and execution of the transaction documentation; conducting post-signing confirmatory due diligence; and providing full legal support in relation to the pre-closing restructuring of the group companies.
Redcliffe Partners’ team was led by senior associate Anna Pushkaryova, and included associates Yulia Brusko and Maria Grechko, and junior associates Bogdan Nykytiuk and Anton Rekun, under the general supervision of Dmytro Fedoruk, partner and head of the M&A practice.