CMS advises on landmark $100m joint venture with Cargill on Black Sea coast of Ukraine

CMS Cameron McKenna in Kyiv is pleased to announce that it has advised MV Cargo in connection with the establishment of a joint venture with Cargill, a leading international agricultural company. As part of the transaction MV Cargo will construct a new grain terminal in Ukraine’s Black Sea port of Yuzhni. The amount of direct investment into the project will be circa USD 100 million and the transaction is expected to close in 2018.

The CMS team was led by Graham Conlon, Head of Corporate/M&A practice in the Kyiv office of CMS Cameron McKenna and senior associate Tetyana Dovgan, with invaluable support from Vitalii Mainarovych, Nataliya Kushniruk, Nataliya Nakonechna and Sergiy Kulikov.

Graham Conlon commented: “We are very proud to have been involved in this landmark infrastructure project in Ukraine which reaffirms CMS’s position as a go-to law firm for high profile M&A/foreign investment projects.”