Concorde Capital Acquires Beiken Energy Ukraine
Deal News | Apr 10, 2025 | CEE Legal Matters
Concorde Capital, a prominent Ukrainian investment company, has successfully acquired Beiken Energy Ukraine, an oil and gas drilling specialist operating in the Poltava and Kharkiv regions. Beiken Energy Ukraine is part of the broader holdings of Beiken, a private Chinese oil and gas service company. The acquisition was advised by Avellum, a law firm whose team was led by Partner Yuriy Nechayev and included Managing Associate Oleksandr Kozhukhar, and Associates Olha Rudevych and Alina Yudina. This transaction marks a notable expansion in the Ukrainian energy sector and reaffirms Concorde Capital's strategic positioning within the market.
Sectors
- Investment Management
- Oil and Gas
- Legal Services
Geography
- Ukraine – Concorde Capital is a Ukrainian investment company, and Beiken Energy Ukraine operates in the Poltava and Kharkiv regions of Ukraine.
- China – Beiken Energy Ukraine is part of a Chinese holding company, indicating Chinese involvement in the deal.
Industry
- Investment Management – Concorde Capital operates as an investment company, making this relevant as they are driving the acquisition.
- Oil and Gas – Beiken Energy Ukraine is an oil and gas drilling specialist, involved in the acquisition.
- Legal Services – Avellum is the law firm advising on the acquisition, relevant for their role in facilitating the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Concorde Capital | Bidding Company | Company | A Ukrainian investment company acquiring Beiken Energy Ukraine. |
| Beiken Energy Ukraine | Target Company | Company | An oil and gas drilling specialist operating in Ukraine, part of Chinese Beiken holdings. |
| Beiken | Selling Company | Company | A Chinese private oil and gas service company holding Beiken Energy Ukraine. |
| Avellum | Legal Advisor | Company | Advised Concorde Capital on the acquisition, including team members Yuriy Nechayev, Oleksandr Kozhukhar, Olha Rudevych, and Alina Yudina. |
| Yuriy Nechayev | Partner | Person | Partner at Avellum leading the advisory team for the acquisition. |
| Oleksandr Kozhukhar | Managing Associate | Person | Managing Associate at Avellum, part of the advisory team for the acquisition. |
| Olha Rudevych | Associate | Person | Associate at Avellum, part of the advisory team for the acquisition. |
| Alina Yudina | Associate | Person | Associate at Avellum, part of the advisory team for the acquisition. |