A company affiliated with the main shareholder of Kernel, Andrii Verevskyi, has submitted applications to the Antimonopoly Committee of Ukraine seeking approval to acquire the Agro-Region group of companies, ProAgro Group reports.
According to the draft agenda of the AMCU meeting scheduled for January 8, ENSELCO HOLDING LIMITED (Cyprus), owned by Andrii Verevskyi, filed nine respective applications. All filings are dated November 24, 2025.
The applicant is seeking permission to obtain direct control — more than 50% of voting rights at shareholders’ meetings — over several Agro-Region entities. These include Garna Logistics, AR Ivky, AR Chudniv, AR Khmelnytskyi, AR Boryspil, AR Kozelets, AR Liubar, AR Borzna, and Bilyi Tsvit.
According to YouControl data, the key beneficiaries of Agro-Region through GARNA STOCKHOLM HOLDING AB are Aivaras Abromavičius (over 53.6%) and Lars Peter Elam Hakansson (44.28%).
Sources indicate that this is the second attempt by Kernel to acquire Agro-Region since the start of russia’s full-scale invasion. Previous negotiations reportedly failed due to disagreements over valuation.
The current deal may involve the acquisition of the entire Agro-Region group, including corporate rights, farmland, agricultural machinery, and elevator assets. Market participants estimate the transaction value at $100–110 million, considering asset quality and geographic location.
Read also: In 2026, the key challenge for Ukraine’s agricultural sector will be expanding export markets and adapting to European operating rules, while for parliament it will be the adoption of key laws on land easements, irrigation, and organic production.
Source: Latifundist.com
