DRAGON CAPITAL AND EAST CAPITAL BERING UKRAINE FUND ACQUIRE 70% STAKE IN CHUMAK – ONE OF UKRAINE’S TOP CONSUMER BRANDS
Investment bank Dragon Capital and East Capital Bering Ukraine Fund jointly acquire a 70% stake from Chumak’s co-founder, Professor Hans Rausing. Chumak is the largest tomato processing company in Central and Eastern Europe and one of Ukraine’s top brands.Dr. Tuve Johannesson, representing Professor Hans Rausing, comments: “Dragon Capital was selected as an advisor and core investor in this transaction to divest our share in Chumak. Chumak represents one of our most successful direct investments into the former Soviet Union, thus the company’s further success and strong shareholder support