Advised on the Russian Fishing Company's acquisition of Morskaya Milya

On 18 August 2026, Russian Fishing Company JSC acquired 51% of Morskaya Milya LLC. The remaining 49% was retained by the company's founder, Nikolay Vlaskin. Morskaya Milya's principal asset is located in Domodedovo in the Moscow Region. The company owns a processing facility that performs various operations on fish products, including rapid freezing, glazing, vacuum packing, portion cutting and packing. The facility is equipped with rapid freezers, chillers, ice generators, deep-freeze chambers, glazing units and packing equipment.

Russian Fishing Company specialises in the distribution of fresh-frozen fish and seafood. The company has previously produced goods under its own brands, using leased production capacity or third-party facilities. The acquisition of an interest in Morskaya Milya gives Russian Fishing Company control over a company with its own processing facility.

The share purchase transaction

The transfer of the 51% interest to Russian Fishing Company was registered on 18 August 2026. Nikolay Vlaskin retained 49% in Morskaya Milya LLC. Information on the new composition of members is reflected in the company's public records. According to data cited by FishNet with reference to Rusprofile, Morskaya Milya's revenue in 2025 amounted to RUB 68 million. The value of the company's fixed assets was estimated at RUB 56 million. For Russian Fishing Company, the acquisition of its own production asset may become part of the development of its fish processing and packing business. Before the transaction, the company used leased capacity for these purposes.

Support for the transaction

Russian Fishing Company JSC was advised on the acquisition of an interest in Morskaya Milya LLC by the Orlova\Ermolenko team. The transaction was handled by Partner Sergey Ermolenko and Counsel Anton Chubakov. The team's work concerned the acquisition of a controlling interest in the company. Separately, within a related project, a legal due diligence of Morskaya Milya LLC was carried out. The legal due diligence was handled by Partner Alena Ermolenko, Head of Practice Anastasia Shashkova, Senior Associate Veronika Shakhova and Associates Nikolay Babiy, Anastasia Tikhon and Ekaterina Perkatova.

'Share acquisitions require consistent legal review at every stage. In the Morskaya Milya project, we advised Russian Fishing Company JSC on the acquisition of the controlling interest and carried out the legal due diligence in parallel. It was important to us that the results of the due diligence be taken into account directly in the preparation and closing of the transaction', — Sergey Ermolenko, Partner at Orlova\Ermolenko.

The transaction was completed in August 2026. Following closing, Russian Fishing Company obtained 51% in the company owning the processing facility in Domodedovo.

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