Aequo advised Posco Daewoo, Korea's largest trading company with over USD 21 billion annual revenue, regarding Ukrainian law matters in connection with its acquisition of a grain export terminal (with an annual storage capacity of 2.5 million tons of grain) located in Mykolaiv, Ukraine.
Pursuant to this deal, Posco Daewoo will become the first Korean firm operating a grain terminal overseas, thus began exercising control over the entire supply chain of grain produced in Ukraine which allows it to more efficiently manage its inventory.
Posco Daewoo, through an expansive global network, engages in the trading of a wide range of products from steel, automotive and components, machinery and industrial electronics to non-ferrous metal, food resources, chemicals, commodities and textiles, with both local and international customers.
“We are honoured to have assisted Posco Daewoo in this remarkable deal. Investment in Ukrainian agricultural sector by powerful global players proves their confidence in the country’s economic potential and encourages further positive developments in this area and we are happy to be the part of such strategically important processes for Ukraine,” comments Anna Babych, Aequo’s partner, head of Corporate/M&A.