Corporate lawyers of VERBA LEGAL advised X5 Group on due diligence of Nice Ice, a ready-to-eat food producer.

Corporate lawyers of VERBA LEGAL advised X5 Group on due diligence of Nice Ice, a ready-to-eat food producer.

The company obtained the relevant permission from the government commission. As part of the deal, X5 will take over the ownership of a 4.2 thousand square meter ready-to-eat food factory in the Vsevolozhsk district.

The project team consisted of Tatyana Neveeva (Senior Partner), Alexander Koloskov (Senior Lawyer), lawyers Anton Ivanov and Petar Stojanovic, as well as junior lawyers Marina Korneva and Valentina Shishova.

X5 Group is a leading Russian food retailer that manages several retail chains: Pyaterochka convenience stores, Perekrestok supermarkets, and Chizhik hard discounters. The company is a leader in e-commerce, developing digital businesses, such as Vprok.ru, 5Post, express delivery and Mnogo Lososya.

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VERBA LEGAL provides comprehensive legal support for businesses in more than 10 practice areas, including corporate law, M&A, dispute resolution, sanctions, compliance, taxes and IP. A team of more than 60 professionals has deep industry expertise in energy and natural resources, agribusiness, pharmaceuticals and healthcare, construction and real estate, TMT, FMCG and manufacturing industry. The firm's clients are major national and foreign companies, including leaders of Fortune Global 500, Forbes Global 2000, RBC 500.