Smart Holding and Dragon Capital have closed the deal for the sale and purchase of 100% of shares in UNEX BANK Joint Stock Company.
The agreement was signed in December 2020.
The CEO of Smart Holding Alexey Pertin noted: ‘We aim at operating our investment portfolio as efficiently as possible. In this deal, our interests and the interests of our partners have come to accord in the best way. We are grateful to Dragon Capital for the well-coordinated joint work to prepare and close this deal. I am confident that UnexBank will continue its successful development.'
The parties to the agreement were Withine Investments LTD (Cyprus) from Smart Holding’s side and Dragon Capital Investments Limited (Cyprus) from Dragon Capital’s side, the latter participating in the transaction together with Ivan Svitek. The amount of the deal is not disclosed.
Smart Holding is one of the largest industrial and investment groups in Ukraine. The interests of Smart Holding focus on the industries that are the key ones for the economy of the country. Smart Holding’s companies invest in metals and mining, oil and gas segment, banking sector, agriculture, energy sector, shipbuilding and real estate.
Withine Investments LTD (Cyprus) owns 100% of shares in UNEX BANK Joint Stock Company. In turn, 100% of shares in Withine Investments are held by Smart Investments (CY) LTD. The owner of Smart Investments is Vadym Novynskyi.
Dragon Capital is one of the largest groups of companies in Ukraine that operates in the area of direct investment and financial services providing a full range of investment, banking and brokerage services to corporate and private clients. The company was founded in 2000 in Kyiv and has 20 years of successful experience in direct investment in Ukraine.