AVELLUM advised Kernel
AVELLUM acted as the legal counsel to its longstanding client Kernel Holding S.A. on the acquisition of 100% of shares in Rail Transit Kargo Ukraine worth, based on the enterprise value, USD 64 million.
AVELLUM provided legal support to Kernel in negotiating and signing of the transaction documents, as well as in the completion of the transaction.
The acquisition should increase Kernel’s operating profitability and protection against ever increasing logistics costs as well as procure the smooth and efficient delivery of grains from inland silos to ports.
RTK Ukraine is the second largest grain hopper wagon fleet operator in Ukraine with the market share amounting to 15%..
The AVELLUM team was led by partner Yuriy Nechayev with support from associates Vladyslav Aleksandrov and Maryna Buinytska.
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