February 5, 2015

The German company OSI Group decided to sell its two agricultural companies in Ukraine - Agrobif LLC (Kyiv) and Agrosolutions (Kyiv). Interfax-Ukrainawrote about it on February, 4.

The German company L&K GmbH and Maxfarm LLC obtained the approval for purchasing more than 50% of the authorised capital of Agrosolutions LLC. More than 50% of the shares of Agrobif LLC were purchased by the Czech company Ivana Group.

Completion of the transaction was confirmed by the managing director of OSI Food Solutions Alexandr Chernovol: "Indeed, we sold these assets to external operators. Agrosolutions and Agrobif are no longer in our system."

According to information from open sources, Agrosolutions and Agrobif ended 2013 with a net loss of 6.12 and 13.64 mln hryvnias respectively.

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