Possible takeover rumour

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He has an expression on his face seen many times at Goodison.

oleg-bakhmatyuk_forbes_2011.jpg

<bond villain voice>
Not only are you fired mr moyes, you must also be killed.
 


Selling his U.S. assets to buy us....

http://biz.liga.net/all/prodovolstv...khmatyuk-prodaet-svoi-amerikanskie-aktivy.htm

The owner of the largest in Ukraine in terms of land bank of agricultural holding, the company Ukrlandfarming, Oleg Bakhmatyuk seeking a buyer for its U.S. assets. It is a question On positions of in North Carolina the enterprise on processing of chicken meat, plant on production of of forages for the bird and incubator, owned by previously bankrupt company Townsends Inc.

According to Kommersant-Ukraine in the article "Oleg Bakhmatyuk sells the American dream," Oleg Bakhmatyuk words: "It is true that it was not a very good investment." According to him, the company paid for the U.S. assets of $ 24.9 million and incurred additional costs in the amount of $ 30 million

Businessman explained, that was buying assets Townsends in the calculation at restoring the USA market, however because of supplies of of poultry meat from of South America, mainly from Brazil, the American market of chicken meat proved to oversaturated. As a result Bakhmatyuk has decided "to leave from the market USA, having fixed losses".

Townsends Inc. was founded in 1891 and specialized in the poultry meat processing (the basic of TM - Chef `s Select, Perfect Breast, Pristine Cuisine). In 2009, the Townsends has produced 309.8 thousand t of chicken meat and 1.3 million of eggs. Revenue totaled $ 504.2 million However in 2010 the company and its four "daughters" of have filed statements by to the Federal Court on affairs of on bankruptcy: their debt amounted to $ 127 million at a cost of assets $ 131 million In 2011, the subdivision Townsends in North Carolina acquired a Omtron , a part now in the Ukrlandfarming.
 


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