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Kernel Group buys controlling stake in Allseeds for $42 million
Journal Staff Report

KIEV, Jan. 15 – Kernel Group, one of the largest agroindustrial groups in Ukraine, announced it has signed an agreement on the acquisition of a controlling stake in Allseeds Group, the largest Ukrainian operator on the vegetable oil market, for $42 million.

"Kernel Holding S.A. is pleased to inform that on January 13, 2010 it entered a call option agreement, providing Kernel with the right to acquire a controlling interest in the Allseeds group of companies," the press release reads.




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