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Home > Legal & Regulatory docs.

Official Gazettes of Cyprus (excerpts of 1st Quarter 2022, Cross Border Mergers and Acquisitions; Liquidation notifications; Concentration notifications) - March 2022

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Country
  • Cyprus
Year

2022

Summary

Official Gazettes of Cyprus Part B Nos 5341 (of 21 Jan. 2022), 5342 (of 28 Jan. 2022), 5343 (of 4 Feb. 2022), 5345 (of 18 Feb. 2022), 5347 (of 25 Feb. 2022), 5348 (of 4 Mar. 2022), 5350 (of 4 Mar. 2022), 5351 (of 18 Mar. 2022), 5354 (of 24 Mar. 2022), 5355 (of 31 Mar. 2022) - Cross Border Mergers & Acquisitions, Liquidation Notifications and Concentration Notifications of interest

Cross Border Mergers and Acquisitions of interest :

21 January 2022

AS FINKO group (registration no. 42103094271, registered in: Brivibas gatve 204B, Riga, LV-1039 Latvia), Mileva Ltd (registration no. HE 376290, in Georgiou Katsoniotou 6, 3036 Limassol, Cyprus) and Flovel Ltd (registration no. HE 376402, registered in: Georgiou Katsoniotou 6, 3036 Limassol, Cyprus) are merged. AS FINKO group shall be the surviving company and no changes in its shareholding shall take place.

Tomasin Ltd (registration no. HE 153671, in Agias Phylakseos and Zinonos Rossides 2, 1st Floor, 3082 Limassol, Cyprus) and Tomasin Holding s.r.o. (registration no. 079 98 465, registered in: Fugnerovo namesti 1808/3, Nove Mesto, 120 00, 2, Prague, Czech Republic) shall be merged. Tomasin Holding s.r.o. shall be the surviving company and no chances in its shareholding shall take place.

28 January 2022

Afograde Ltd (registration no. HE 240396, registered in: Ptolemaion 55, Zenon Court, Office/ Apt. 1, 3041 Limassol, Cyprus) and SIA ‘RISEBA UNIVESITY’ (registration no. 40203309238, in Meza Iela 3, Riga, LV-1048) shall be merged. SIA ‘RISEBA UNIVERSITY’ shall be the surviving company and Messrs Jevgenijs Kurovs (70 %) and Irina Senņikova (30 %) shall continue to be the shareholders.

F.A. Food Art Holding GmbH (registration no. FN 568490 s, registered in: Laxenburger Straße 250, 1230 Vienna Austria) and F.A. Food Art Enterprises Limited, (registration no. HE184264, registered in: Kostas Charakis Street 12, 3041 Limassol, Cyprus), formerly Marnesko Enterprises Limited, shall be merged. F.A. Food Art Holding GmbH shall be the surviving company and Messrs. Susanne Breiner, Daniela Wojnar and Nina Nadler shall continue to be the shareholders.

FV Holding I S.r.l. (registration no. MI-1924669, registered in: Via Eugenio Chiesa 4, CAP 20122, Milan, Italy) and FVII Holding Ltd (registration no. HE 242845, registered in: Spyrou Kyprianou 38, Apt. 101 & 102(A), Germasogeia, 4042 Limassol, Cyprus) shall be merged. FV Holding I S.r.l. shall be the surviving company and FORVEI II S.r.l. (registration no. ΜΙ-2528686, registered in: Via Eugenio Chiesa 4, CAP 20122, Milan, Italy) shall continue to be the shareholder.

4 February 2022

Hacklering Limited (registration no. HE 239618, registered in: Omirou Street, Pakova Center BL A-B 001(B) Agios Nikolaos, Limassol 3095, Cyprus) and Pantek Automotive Limited (registration no. 623011, registered in: Hyde Building, Suite 25, the Park, Carrickmines, Dublin 18, D18 Y652, Ireland) shall be merged. Federy Investments Ltd (registration no. 91 546, registered in: Daly Street, Belize City, Belize District, P.O. Box 1825 Belize) was the sole shareholder of Hackerling Limited. Pantek FZCO (registration no. DAFZ/2042 and licence no. 3945, registered in: 5WA Dubai Airport Free Zone, Dubai, UAE) was the sole shareholder of Pantek Automotive Limited. At the time, Hacklering Limited had two subsidiaries: (i) SolveigRealt JLLC established in Belarus; and (ii) EK Servis (in original: Общество с ограниченной ответственностью "Эк-Сервис") established in Russia, 141031, Moscow Region, Mytishchi District, Moscow Ring Road, 86th km, Plot 13A, Building 2 with registration no. 1105029014331. Pantek Automotive Limited shall be the surviving company and upon completion of the merger it shall issue 1200 shares and register them to Federy Investments Ltd.

11 February 2022

Nicrometal Spółka Akcyjna (registration no. KRS 0000420869, registered in: Starotoruńska 5, 87-100 Toruń, Poland), Orlowski Holdings Ltd (registration no. HE 293363, registered in: Diagorou 4, Kermia Building, 6th floor, Apt./ Office 601, 1097 Cyprus) and Zielinski Holdings Ltd (registration no. ΗΕ 292728, registered in: Diagorou 4, Kermia Building, 6th floor, Apt./ Office 601, 1097 Cyprus) shall be merged. Nicrometal Spółka Akcyjna shall be the surviving company and Messrs. Piotr Paweł Orłowski and Jacek Zieliński its shareholders.

International Fender Providers Ltd (registration no. C69877, registered in: 10 Timber Wharf, Marsa, MRS 1443, Malta) and IFP International Fender Provides Ltd (registration no. HE 348221, registered in: Florinis 7, Greg Tower, 2nd floor, 1065 Nicosia) shall be merged. International Fender Providers Ltd shall be the surviving company and Endo Ventures Ltd (registration no. C86730, registered in: 10 Timber Wharf, Marsa, MRS 1443, Malta) its shareholder.

Magnapharm Holdings Ltd (registration no. HE 362472, registered in: Agias Phylakseos & Polygnostou 212, C&I Center, 2nd floor, 3082 Limassol, Cyprus) and MagnaPharm Holdings B.V. (registration no. 74508237, registered in: 1223 Strawinskylaan, 1077 Amsterdam, The Netherlands) are merged. Magnapharm Holdings Ltd is the surviving company.

Pharmax Holdings Ltd (registration no. ΗΕ 295375, registered in: Agias Phylakseos & Polygnostou 212, C&I Center, 2nd floor, 3082 Limassol, Cyprus) and A&D Pharma Holdings B.V. (registration no. 27288782), registered in: 1223 Strawinskylaan, 1077 Amsterdam, The Netherlands) are merged. Pharmax Holdings Ltd is the surviving company.

18 February 2022

Novowise Holdings Ltd (registration no. HE 228650, registered in: Karaiskaki 6, City House, 3032 Limassol, Cyprus) and Mayflower Netherlands B.V. (registration no. 52279685, registered in: Wilhelminalaan 3, 5707 BS Helmond, The Netherlands) are merged. Novowise Holdings Ltd is the surviving company

25 February 2022

Visiona Holdings (Cyprus) Ltd (registration no. HE 426949, registered in Gregoris Auxentiou 11, Centro Imperio 2nd floor, Mesa Geitonia, 4003 Limassol, Cyprus) and CAG Vermögensverwaltungs GmbH (registration no. HRB 18872, registered in: Adlerstr. 22, 90403 Nüremberg, Germany) shall be merged. Visiona Holdings (Cyprus) Ltd will be the surviving company and its sole shareholder Mr. Christian Geltenpoth residing in Palma, Spain.

Melitrade AS (company number 27750141, registered in: Domažlická 1232/3, Žižkov, 130 00 Prague 3, Czech Republic) and Pelorio Investments Ltd (company number HE 313561, registered in: Ymittou 5, Office 302, 2113 Nicosia, Cyprus) are merged. Melitrade AS shall be the acquiring company and its shareholders Messrs. Josef Ondrisok and Jiri Klement, both residing in Lanskroun, Czech Republic.

4 March 2022

Société Financiére D’ Entreprises (registration no. B 7460, registered in: 19-21 route d’Arlon, L-8009 Strassen, Luxembourg) and COL Contractors Overseas Ltd (registration no. HE 51410, registered in: Themistocli Dervi 3, Julia House, 1066 Nicosia, Cyprus) shall be merged. Société Financiére D’ Entreprises shall be the surviving company. The rights of the sole creditor of COL Contractors Overseas Ltd, that being Satellite Oil and Gas International Limited established in Nigeria, shall not be affected by this merger.

18 March 2022

Orama Monoprosopi Anonymi Ktimatiki Etaireia (registration no. 005279001000, registered in: Leof. Kifisias 10-12, 151 25 Marousi, Athens, Greece) and K Group Properties Ltd (registration no. HE 399940, registered in: Florinis 11, City Forum Building, 3rd floor, Apt./Office 302, Nicosia Cyprus) are merged. Orama Monoprosopi Anonymi Ktimatiki Etaireia is the surviving company.

Arctic Green Energy Europe Ltd (registration no. HE 396771, registered in: Panayioti Tsagkari 14, 1st floor, Apt. 2, 4047 Limassol, Cyprus) and Arctic Green Energy China ehf (registration no. 610302-2380, registered in: Katrínartún 2, 105 Reykjavik, Iceland) are merged.

24 March 2022

Iqaluit Enterprises Ltd (registration no. HE 233017, registered in: Arsinois 55, 2001 Akropolis, Nicosia Cyprus) and Crypton Netherlands BV (registration no. 14127226, registered in: Strawinskylaan 411, 1077 Amsterdam, The Netherlands) have been merged. Surviving company is Iqaluit Enterprises Ltd.

Liquidation notifications of interest:

21 January 2022

Heinz Investments (Cyprus) Limited (registration no. HE 152901) has been set under voluntary liquidation and held its final general shareholders’ meeting on 21 Feb. 2022 at Digeni Akrita & Kleomenous 2, 2nd Floor, 1061 Nicosia, Cyprus.

28 January 2022

ETON OIL LIMITED (registration no. 2061714 of Anguila, British Overseas Territory) has filed a request for the liquidation of ETON OIL Limited (registration no. HE 168867, in Andreas Zakos 4, Engomi, 2404 Nicosia, Cyprus). The hearing date has been set for 16 March 2022 (District Court of Nicosia, Application No. 1080/2021).

25 February 2022

Polar Premier Ltd (registration no. 521432 in BVI) has filed a request for the liquidation of G-Class International Ltd (registration no. HE 176293 in Cyprus). The hearing date has been set for 11 March 2022 at 8.30 (District Court of Limassol, Application No. 27/2022).

18 March 2022

UFG WM Legal Services Ltd (registration no. 129818 in Belize) has been dissolved and struck off the International Business Companies Register of Belize.

Concentration notifications of interest:

11 February 2o22

Robert Bosch GmbH, the mother company of the Bosch Group, via Robert Bosch Internationale Beteiligungen AG (Switzerland) acquires Elpro Group AG (Switzerland) that is active in the sector of pharmaceuticals, health care and biosciences.

18 February 2022

Microsoft Corporation, registered in the State of Washington, U.S.A., intends to acquire Xandr Inc., the ad tech department of AT&T Inc.

3 March 2022

Apollo Management, L.P. via Clydesdale Acquisition Holdings, Inc. shall acquire Flex Acquisition Holdings, Inc., all registered in: Delaware U.S.A.

Temasek Holdings (Private) Ltd, established in Singapore, shall acquire Element Materials Technology Group Ltd, via EM Bidco Limited, registered in the UK.

Compagnie de Saint-Gobain SA, registered in France, shall acquire GCP Applied Technologies Inc., registered in Delaware, U.S.A., via Cyclades Parent, Inc. also registered in Delaware, U.S.A.

11 March 2022

Cinven Capital Management (SFF) General Partner Ltd, registered in Guernsey, acquires International Financial Group Ltd, a company registered in the Isle of Man, via Argo Bidco Ltd.

Siemens Energy AG of Germany acquires Siemens S.A. Electrotechnical Projects and Products of Greece via Siemens Gas and Power Holding B.V. and Siemens Energy Single Member Societe Anonyme.

24 March 2022

Cerberus Capital Management L.P., registered in the U.S.A., acquires SKY CAC Ltd, a company registered in Cyprus that was incorporated by Alpha International Holdings S.M.S.A. for the purpose of acquiring loans and immovable property from Alpha Credit Acquisition Company and Alpha Bank Cyprus Ltd, via Promontoria Sky Designated Activity Company, a company incorporated in Ireland.

KPS Capital Partners, LP, acquires Oldcastle BuildingEnvelope, Inc. through Oscar Topco, LLC, all companies registered in Delaware U.S.A.

31 March 2022

KKR & Co. Inc., a company listed in the New York Stock Exchange, acquires Alchemer LLC, a company incorporated in Colorado, U.S.A. through Alpha Purchaser LLC, a Delaware company.

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