Profilul companiei

Shostka City Milk Plant

Food processing

In May 2007, EEGF sold its controlling stake in Shostka City Milk Plant ("Shostka") to French Fromageries Bel S.A., achieving a gross 5.9 times cash-on-cash return and 470% IRR.

During the life of its investment, EEGF focused efforts on improving product quality, access to the region's raw material base (milk), and strengthening Shostka's brand portfolio and distribution within Ukraine.

Shostka's excellent reputation, strong management, and high product quality formed an inviting platform for strategic investor French Fromageries Bel S.A.