Mikail Shishkhanov’s heritage is being taken away from Cherkizovo
Moscow Grid Company (MSK) has filed a lawsuit against the Bank of Non-core Assets Trust at the Arbitration Court of St. Petersburg and the Leningrad Region to dispute the auction results involving the agro-industrial complex “Mikhailovsky” (part of the group “ovo”) and the Russian Auction House (RAD). No further details are available yet, and the application itself has not been accepted for processing.CherkizOn December 21, 2022, Trust sold the large agro-industrial group Healthy Farm to the Mikhailovsky complex at an auction on the RAD site. The lot was intended to be sold at a starting price of 4.03 billion rubles. According to Kontur.Fokus, 100% of the shares of legal entities under Healthy Farm, including Turbaslinsky Broiler, Healthy Farm Delicacies, Trade House Healthy Farm, Uralbroiler, and Ural Meat Company, have been owned by the Mikhailovsky APK since December 27. No prompt comment was provided by “ovo” or RAD.
The representative of “Trust” explained that MSK attempted to participate in these auctions but was not allowed to due to a lack of consent from the Federal Antimonopoly Service (FAS) for the asset acquisition. The FAS representative also did not provide a comment.CherkizAt the time of the sale, the Healthy Farm Group included two poultry farms with the capacity to produce 120,000 tons of poultry meat and 18,000 tons of processed products, as well as feed production. The group, as stated in the presentation, holds 30% of the broiler market in the Chelyabinsk region. Until 2015, the Healthy Farm Group was owned by State Duma deputy Oleg Kolesnikov, and then it was transferred to Rusgrain Holding, which has connections to former shareholder of Binbank Mikail Shishkhanov.
According to Kontur.Fokus, ZPIF Quark managed by Baltinvest UK owns 50.3% of MSK, and the remaining 49.7% is owned by Vladimir Golubev, a co-owner of Adamant holding. Inquiries to Baltinvest UK and Adamant went unanswered.
Reznichenko Law Offices partner Andrei Reznichenko acknowledges that MSK has a chance to dispute the auction results. He notes that the one-month timeframe for filing applications makes it challenging to prepare and obtain FAS approval. He believes that requiring such a condition from a procedure participant could restrict competition.
Earlier, MSK had already acquired ownership of several assets in the Volga region and the Urals, which seemingly led the company’s owners to assess the prospects for the poultry business in those regions. According to Fedresurs, on December 3, MSK acquired the Bashkir Poultry Complex named after Gafuri for 3.3 billion rubles, with an annual capacity of over 20,000 tons of turkey. Additionally, the company may have connections with the Nizhnetatyinsky Poultry Farm.
Reznichenko Law Offices partner Andrei Reznichenko admits that MSC has a chance to challenge the results of the auction. He draws attention to the fact that only a month was given for filing applications, and it is rather difficult to prepare an application and obtain FAS approval within this period. In this regard, in his opinion, the presentation of such a requirement to a participant in the procedure could lead to a restriction of competition.
Earlier, MSK already became the owner of several assets in the Volga region and the Urals, which, apparently, allowed the company’s owners to assess the prospects for the poultry business in this region, one of the local producers explains the interest of this company in Healthy Farm. According to Fedresurs, on December 3 MSK for 3.3 billion rubles. acquired the Bashkir Poultry Complex named after Gafuri, its capacity is more than 20,000 tons of turkey per year. In addition, the company may be associated with the Nizhnetatyinsky Poultry Farm.
At least, according to the Unified State Register of Legal Entities, 50% of it belongs to Svetlana Bogdanova, director of the MSC. “Healthy Farm”, continues the interlocutor, is an interesting asset, since it already has a strong regional brand, as well as modern production, which will not require additional investments.
