Soul Partners advised Yarych Group on financing attraction from Norfund, the Norwegian investment fund
Soul Partners acted as financial advisor to Yarych Group, a leading Ukrainian producer of hard-dough biscuits and crackers, in connection with securing financing from Norfund, the Norwegian state-owned development finance institution.
The financing will be used to support the Group’s business expansion and further strengthen its export presence in the European Union and other international markets. The investment will enable Yarych Group to reinforce its position as one of the leaders of Ukraine’s confectionery market and expand its product portfolio for Ukrainian and international consumers.
Vitaliy Provotorov, Managing Partner at Soul Partners, commented:
“Yarych is a strong and dynamic Ukrainian company with a professional management team, ambitious shareholders and a clear vision for its future development. It was highly valuable for us to support a transaction that opens up new growth opportunities for the company and, at the same time, affirms the confidence of international institutional investors in high-quality Ukrainian businesses.
I am glad that Norfund has become Yarych’s partner at this stage of its development, and I am proud the Soul Partners team, who consistently guided the process and brought the transaction to a successful closing.”
Background Information
Soul Partners is an investment banking boutique that provides professional financial advisory services to businesses and investors. We specialize in merger and acquisition transactions support and financing attraction (both equity and debt).
Yarych Group is a leading Ukrainian producer of hard-dough biscuits and crackers under the brands “Yarych”, “The Crakers” and “Maria”. The company’s products, which comply with the international IFS Food quality standard, are available in retail chains across Ukraine and are exported to the European Union, the United States and other markets through the networks of leading global retailers.
Norfund is the Norwegian state-owned investment fund for developing countries. Since December 2024, Norfund has managed a dedicated Ukraine Investment Fund as part of Norway’s support programme for Ukraine, aimed at developing sustainable businesses and creating jobs in Ukraine.
Soul Partners acted as financial advisor to Yarych Group, a leading Ukrainian producer of hard-dough biscuits and crackers, in connection with securing financing from Norfund, the Norwegian state-owned development finance institution.
The financing will be used to support the Group’s business expansion and further strengthen its export presence in the European Union and other international markets. The investment will enable Yarych Group to reinforce its position as one of the leaders of Ukraine’s confectionery market and expand its product portfolio for Ukrainian and international consumers.
Vitaliy Provotorov, Managing Partner at Soul Partners, commented:
“Yarych is a strong and dynamic Ukrainian company with a professional management team, ambitious shareholders and a clear vision for its future development. It was highly valuable for us to support a transaction that opens up new growth opportunities for the company and, at the same time, affirms the confidence of international institutional investors in high-quality Ukrainian businesses.
I am glad that Norfund has become Yarych’s partner at this stage of its development, and I am proud the Soul Partners team, who consistently guided the process and brought the transaction to a successful closing.”
Background Information
Soul Partners is an investment banking boutique that provides professional financial advisory services to businesses and investors. We specialize in merger and acquisition transactions support and financing attraction (both equity and debt).
Yarych Group is a leading Ukrainian producer of hard-dough biscuits and crackers under the brands “Yarych”, “The Crakers” and “Maria”. The company’s products, which comply with the international IFS Food quality standard, are available in retail chains across Ukraine and are exported to the European Union, the United States and other markets through the networks of leading global retailers.
Norfund is the Norwegian state-owned investment fund for developing countries. Since December 2024, Norfund has managed a dedicated Ukraine Investment Fund as part of Norway’s support programme for Ukraine, aimed at developing sustainable businesses and creating jobs in Ukraine.