CMS advises ING on EUR100m financing for Perutnina Ptuj acquisition

CMS has acted for ING as lead mandated arranger and bookrunner for the EUR100 million financing of MHP’s acquisition of Slovenian poultry producer Perutnina Ptuj (PP). MHP is a leading poultry producer in Ukraine and, following completion of the transaction, has become the owner of 90.69 per cent of PP. MHP aims to add significant value to the company and strengthen its position as a global player through investment and further development.

CMS deployed a cross-border team to advise ING on the matter, led by Kateryna Chechulina, senior associate, together with the Head of Finance CEE/CIS, Mark Segall. They were assisted by partner Tetyana Dovgan, associate Khrystyna Korpan, lawyer Ivan Pshyk (Kyiv) and partner Maja Zgajnar (Ljubljana).

Mark Segall comments: ‘We were pleased to support ING on this financing to their key client, MHP. In taking this strategic step, MHP will undoubtedly strengthen its position as a global player in poultry meat production and Perutnina Ptuj has gained long term investment to support its strong existing brand.’