Kolos Kuban

History

2023: Kolos bought 50% of the manufacturer Kolos Kuban

On December 19, 2023, it became known that the Stavropol JSC SHP Kolos entered into an agreement on the purchase of 50% of the Kolos Kuban agricultural enterprise, which specializes in the production of apples and blueberries. Information on the amount of the transaction as of the specified date has not been disclosed.

The company "Kolos Kuban" was created in 2018. Prior to the transaction with SHP Kolos JSC, Vladislav Ponamarenko was the co-owner of Kolos Kuban, and another 50% belongs to Dynasty CJSC. In turn, the owner of the Dynasty was Valentin Manturov (died in 2019) - the full namesake of the father of Deputy Prime Minister Denis Manturov.

JSC "SHP Kolos" entered into an agreement on the purchase of 50% of "Kolos Kuban"

"Kolos Kuban" grows grain and is engaged in gardening on the territory of about 1.8 thousand hectares. The company's website says that it offers various products to farmers - from a variety of grain crops and animal care products to specialized feed and complex grain mixes. It is known that by 2022 Kolos Kuban has invested more than 1.7 billion rubles in laying gardens on 84 hectares and planting blueberries, and in total plans to invest 3.5 billion rubles in the business.

SKH Kolos, in turn, is one of the founders of the Kazminsky Dairy Plant (Dairy Legend brand), where Stavropolagrosoyuz LLC owns a share. The acquisition of 50% in Kolos Kuban may be interesting for Kolos for several reasons. The general director of Growth Technologies Tamara Reshetnikova, in particular, notes that gardening remains an attractive business - including after the rise in apple prices in 2022. And the cultivation of blueberries is seen as one of the fastest-growing areas of the industry. The potential to increase the production of this berry is very high - given that as of 2023, more than 85% of the market is imports.^[1]

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