Diligent Capital Partners and FMO commit $20 million to leading Ukrainian feed producer Edinstvo Group 4 min read
Private equity manager Diligent Capital Partners (DCP) and Dutch entrepreneurial development bank FMO agreed to acquire a minority stake in Edinstvo Group, the leading independent producer of compound feed, packaged feed, premixes, concentrates, feed additives and distributor of veterinary drugs, animal vaccines, and pet goods in Ukraine. Edintsvo Group operates four feed mills (Dikansky, Lokhvitsky, Letichevsky and ArgoKom), as well as Inbel (Novacore), the largest premix plant in Ukraine. The $20 million investment will be used to construct a soybean processing plant, expand feed additives production capacity and install additional feed packaging lines. These projects are expected to reduce the company s production costs, increase the production of packaged feed, and create new jobs.