The Issuer was incorporated on 30 May 2006, under the laws of Luxembourg to serve as the ultimate holding company for MHP.
In January, MHP completed the construction of MMPP, one of the largest and most technologically advanced facilities for the production of convenience food products in Ukraine. MHP began producing chicken, beef and pork convenience food products under the “Lehko!” brand at this facility. In addition, pursuant to its strategy for increased grain production, MHP acquired a grain farm, Urozhay, and established two additional grain farming companies—Lypivka and Agrofort.
MHP completed the acquisition of majority stakes in Druzhba, a producer of sausages and beef, and Crimea Fruit, which cultivates and sells apples, pears, peaches, plums, sweet cherries, grapes and strawberries.
On 30 November 2006, the Issuer issued U.S.$250 million of 10.25% senior notes due 2011 listed on the London Stock Exchange.
