Akin Gump Advises Renova in Sale of Full Stake in Its Logistics and Storage Business

(Moscow) – Akin Gump has advised Renova in the sale of 100 percent of its shares in its logistics and storage business, Multinational Logistics Partnership (MLP), one of Russia and Ukraine’s largest and most successful logistics operators, to structures closely related to the Gutseriev family of entrepreneurs. The transaction completed on September 30, 2013, and is likely to become 2013’s largest Russian deal in the local logistics market. 

The transaction followed the consolidation of Renova’s shareholding in MLP—on which Akin Gump also advised—from investment company ANN, PGP and Ukraine-based Privat Group.  

Akin Gump Moscow partner Ilya Rybalkin led the team representing Renova, supported by Moscow partner Vladimir Kouznetsov, counsel Anthony Walker and Pavel Kabatov and London partner Justin Williams as well as a team of lawyers and tax advisors in London and Moscow.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.