AFINA Group has officially received approval from the Antimonopoly Committee of Ukraine to acquire control over PrJSC “Vinnytsiapobutkhim.” The decision by the AMCU paves the way for the completion of the privatization process and the formal transfer of ownership to the company following full payment for the asset, totaling UAH 608 million.
According to the company, the regulator’s approval marks the final legal step in a long preparation process for privatization. Securing the right to acquire the asset signifies the transition of the enterprise to a stable Ukrainian management structure and sets the foundation for its systematic development moving forward.
“Vinnytsiapobutkhim” is one of Ukraine’s oldest producers of household chemicals, with a legacy spanning nearly a century. The enterprise has undergone various phases of management, including a period of temporary Russian control, and is now returning to a responsible Ukrainian business structure. AFINA Group emphasizes that the plant holds strategic importance for both the industry and Ukraine’s economy. The company sees the development of the facility as part of its long-term strategy to expand domestic production and strengthen the presence of national brands.
Upon the completion of the privatization process, AFINA Group plans to invest in upgrading production capacities, implementing modern quality standards, and revitalizing and expanding the product range of Ukrainian brands with global market potential.
The acquisition of PrJSC “Vinnytsiapobutkhim” is viewed by AFINA Group as a contribution to the strengthening of Ukraine’s industrial base and a step toward supporting the country’s economic resilience during wartime.