DLA Piper has advised East Balt Group, a leading global bakery business spanning four continents with 20 bakeries in 12 countries, on its acquisition by One Equity Partners (OEP), the private investment arm of JP Morgan Chase & Co.
The cross-border transaction saw lawyers from DLA Piper’s offices in Kyiv, Chicago and Moscow working together. The Ukrainian section of the transaction was recently completed upon obtaining the required regulatory approval.
The Kyiv team provided full legal support to the shareholders of East Balt Group with regard to the transfer of Ukrainian assets of the group to the buyer. DLA Piper provided pre-transactional restructuring, assisted with merger clearance of the Antimonopoly Committee of Ukraine, prepared share purchase agreement and provided tax advice.
The Ukrainian work required cross-practice expertise from our lawyers. The Corporate team was composed of Margarita Karpenko, Managing Partner, Galyna Zagorodniuk, Legal Director and Maryna Bychkova, Associate. llya Sverdlov, Legal Director, advised on tax related issues.
