The Antimonopoly Committee of Ukraine has granted permission to the agroholding MHP to purchase the logistics company KTL Ukraine, this is reported by the railway transport news portal Railway Supply.

MHP is acquiring the logistics company KTL Ukraine

«The permission is granted to MHP SE (Limassol, Cyprus) to acquire shares of KK & Sons Group LTD (London, United Kingdom), ensuring over 50 percent of votes in the highest governing body of the company,» the AMCU statement said.

As Forbes notes, the ultimate beneficiaries of KK & Sons Group LTD are listed as Odessa residents Andrey Kuzmin, Igor Khokhlov, and Sergey Kochergin.

In Ukraine, the company owns LLC “KTL Ukraine,” which is engaged in maritime container transportation, road and rail transportation, warehousing and cargo handling, ship chartering, and more.

Rail business, industry, and railway technology news from Railway Supply that you might have missed:

The CR450 train, capable of accelerating to 450 km/h.

Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.

Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit