Asters acts as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with its financing to Lantmännen Axa, a leading producer of breakfast cereals in Ukraine that is owned by Sweden’s largest agribusiness cooperative, Lantmännen.
The EBRD funds will secure the company’s financial stability, allowing Lantmännen Axa to implement an investment programme to diversify its product range, which currently includes muesli, granola and cereal bars, to introduce energy efficiency measures and eventually to expand production. Technical assistance within this project is provided by the Japan-EBRD Cooperation Fund.
Asters’ banking and finance team advising on the project consisted of partner Iryna Pokanay, counsel Gabriel Aslanian and associates Inna Bondarenko and Viktoria Zagreba.