American father-son farm investors, Daniel and David Sweere, have sold their Ukrainian companies after 28 years in the country

Monday, August 6, 2018
American father-son farm investors, Daniel and David Sweere, have sold their Ukrainian companies after 28 years in the country

American father-son farm investors, Daniel and David Sweere, have sold their Ukrainian companies after 28 years in the country — Kyiv Atlantic Ukraine, Atlantic Farms and Atlantic Farms II. Agrolife, a German supplier of oilseed, cereals and feed additives, bought Kyiv Atlantic Ukraine. Eridon, an agribusiness company owned by multimillionaire Serhiy Krolovets, bought the two farms, which control a total of 4,000 hectares. Daniel Sweere, the son, tells the Kyiv Post, th sale was motivated by divergences with their Danish partners, adding: “It is very difficult to get financing, particularly after the war.”

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