News
03.09.2009
Landkom negotiates merger with strategic investor
Landkom International has reported the possible merge with an unnamed top Ukrainian agricultural company. Due diligence is being conducted. Landkom shareholders are to get less than 50% in the new company. Richard Spinks, Landkom founder and CEO, has quit the company, the chief finance officer Stephen Pickup having temporarily taken his position.
Landkom is in need of investments to develop its land bank. The company, which is one of the main rape producers in Ukraine, currently farms only one third of its land.
Kommersant Ukraine
