Linnafrost (Vyborg refrigeration plant)

History

2021: Briskly bought a plant in Vyborg Linnafrost

The Russian developer of the Briskly self-service platform bought a plant in Vyborg Linnafrost (Vyborg Refrigeration Plant LLC, VKhZT) for the production of smart refrigerators. This became known at the end of March 2021.

According to RBC, the contract for the purchase of Linnafrost was concluded with the bank of non-core assets Trust. Briskly was the only contender for this venture.

Commenting on the deal, Briskly representatives explained that the company intends to develop the production of "smart refrigerators" (micromarkets) based on modules of its own development. In addition to them, other equipment will be produced at the plant, as well as coffee machines will be equipped.

Briskly acquired a plant in Vyborg Linnafrost

The enterprise covers an area of ​ ​ 2 hectares, the area of ​ ​ the production complex is 4 thousand square meters. m The plant was founded by the Finnish company Helkama in 1997. He produced refrigeration cabinets for retail and catering enterprises.

According to Briskly CEO Gleb Kharitonov, the technical base of the plant is "in good condition," and the current capacity allows you to produce up to 150 refrigerators per day. He added that the company plans to invest 100 million rubles in the modernization and development of the plant during the year.

Initially, the Linnafrost plant was put up for auction for 255.6 million rubles, but there were no applicants for the purchase. In January 2021, it was put to auction at a reduced price of 124 million rubles. As a result, Briskly bought the company for 76 million rubles.

The press service of Trust Bank called this asset complex from a legal and financial point of view.

Almost a year went to the legal cleanup of the asset, the redemption and consolidation on the balance sheet of the Trust of all claims rights. When VZHHT was technically ready for sale, a pandemic and lockdown began, which noticeably complicated the search for a specialized investor, the credit institution said.[1]

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