AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances for Acquisition of Precision Planting and Assets Owned by Monsanto Argentina and Monsanto Do Brasil
AVELLUM acted as the Ukrainian legal advisor to AGCO on obtaining a merger control and concerted practices clearances of the Antimonopoly Committee of Ukraine for the acquisition of Precision Planting LLC and assets owned by Monsanto Argentina S.R.L., and Monsanto do Brasil Ltda. Mentioned entities are used in the development, manufacture, licensing and sale of farming equipment and components used to optimise the performance of planters and harvesting equipment.
Herbert Smith Freehills LLP acted as the global legal advisor to AGCO.
AGCO is a global leader in the design, manufacture and distribution of agricultural solutions. AGCO supports efficient farming through its full line of equipment and related services.
AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimisation services, and are distributed globally through a combination of approximately 3,000 independent dealers and distributors in more than 150 countries. Founded in 1990, AGCO is headquartered in Duluth, GA, USA.
Precision Planting is a strong business that plays an essential role in the growth and adoption of innovative precision agricultural practices that help farmers enhance their productivity.
The AVELLUM team was led by a senior associate Yaroslav Medvediev with support from associates Andrii Gumenchuk and Anton Arkhypov, under the supervision of the managing partner Mykola Stetsenko.