Группа «Сумма» закрыла сделку по приобретению акций ОАО «ДВМП» (Группа FESCO)

14 december 2012
Summa Group has completed the acquisition of a stake in Far Eastern Shipping Company (Fesco Group) from Sergei Generalov’s Industrial Investors Group. The purchase was financed from equity and a loan provided by a syndicate of banks consisting of GoldmanSachs, ING and Raiffeisen. It is a joint purchase involving GHP Group, which is acquiring a minority interest in Fesco Group. The total amount borrowed is $800 million.

Commenting on the closing of the deal, Summa Group President Alexander Vinokurov said: “Fesco is one of Russia’s best transport and logistics companies, and we’re confident that the acquisition will enable Summa Group to extend its geographical reach. Fesco is one of the largest integrated players on Russia’s container and rail market, having its own fleet, rolling stock and container fleet, as well as a network of 70 sales offices in 15 countries and its own port facilities in the Far East. Fesco’s business will soon be fully integrated into Summa Group’s transport and logistics business".

Summa Group is a diversified private holding with significant investments in port logistics, engineering, construction, telecommunications and the oil and gas sectors.The companies of the group employ more than 10,000 people in almost 40 regions of Russia and abroad. Mr. Ziyavudin Magomedov is the founder and shareholder of the Group.