JPM has advised ’Sliderule Trading Limited’ on sale of the shares in SOJAPROTEIN

Today, ADM (Archer Daniels Limited) signed a shares purchase agreements with MK Group, Apsara Limited, Mr. Milija Babovic, and Sliderule Trading Limited to acquire 100% of shares in Sojaprotein LLC.

We are pleased to announce that the JPM team, led by our Senior Partner Nenad Popović, Partner Nikola Poznanović, and Senior Associate Bojana Javorić, together with HFW (Holman Fenwick Willan) Partner Georges Racine, advised ‘Sliderule Trading Limited’, a Cyprus based company, regarding the sale of its shares in ‘Sojaprotein’ to ADM.

‘Sojaprotein’  is one of the biggest and most important NON-GMO soy processing plants in Europe, with by far the biggest variety and quality of products, and an annual capacity of 250.000 tonnes. Since becoming a member of VICTORIA GROUP in 2002, SOJAPROTEIN has been making continuous growth in business, making a good example of a successful privatization model in the Serbian economy.

ADM is a larger producer of plant-based protein in southern Europe. The company operates in more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.

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