The Federal Antimonopoly Service (FAS) of Russia has allowed LLC "USP Northern Investments" to purchase 100% of the voting shares of JSC Arkhangelsk Trawler Fleet, the antitrust agency press release said.
Moscow-headquartered LLC USP Northern Investments is a wholesaler of fish, seafood and canned fish, specializing in processing and preserving of fish and marine products.
JSC Arkhangelsk Trawl Fleet is the largest fishing enterprises in the Arkhangelsk region, created in 2004 through the privatization of the FSUE Arkhangelsk Trawl Fleet Base. The company’s authorized share capital is RUB 1.532 billion, divided into 15.319 ordinary shares, RUB 100 / share. The 100% stake is owned by the Federal Property Agency Rosimushchestvo).