"BNC FINANCE" LLC, acting on behalf and in the interest of the Swiss Embassy in the Kyrgyz Republic is looking for a potential investor to the "Suit-Bulak" CJSC.
The main activities of the "Suit-Bulak" CJSC are the production of hard, semi-hard and fresh cheeses. In addition to that, "Suit-Bulak" produce butter, cottage cheese, quark, yogurt, cream and sour cream.
The cheese factory is located in the Jyluu-Bulak village of Tyup district at the Issyk-Kul region of the Kyrgyz Republic. The climate and grass of the Tyup area most suitable for the production of the high quality cheese.
Since 1997 "Suit-Bulak" sell its products under the brand name "Dairy Spring" on the market of the Kyrgyz Republic and the Republic of Kazakhstan. Currently, the market share of "Suit-Bulak" CJSC of all types of cheese by sales in the Kyrgyz Republic is over 20%, and for hard and semi-hard cheese is more than 25%.
The "Suit-Bulak" CJSC is in the list of 8 dairy Kyrgyz companies which are allowed by the Ministry of Agriculture of the Republic of Kazakhstan to export their products from Kyrgyz Republic to the Almaty, Jambyl, Kyzylorda and South-Kazakhstan regions of the Republic of Kazakhstan.
The "Suit-Bulak" CJSC was established in 1997 as the Kyrgyz-Swiss project for the development of the dairy sector. The Swiss Government is the founder and the main shareholder which holds 52.48% of company shares. 34% of company shares belong to the European Bank for Reconstruction and Development (EBRD) which were acquired as a result of additional issue of shares.
This search is not a direct offer to acquire the controlling stake of "Suit-Bulak" CJSC because according to the legislation of the Kyrgyz Republic all the transactions with the shares of the closed joint-stock companies are to be made under special procedure.
If you are interested in this investment proposal of "Suit-Bulak” CJSC, BNC FINANCE" LLC are ready to provide more detailed information according to your request. If you are not familiar with this company and their product line, firstly please visit their website www.cheese.kg.
"BNC FINANCE" LLC
Office #402, 31, Turusbekova str., Bishkek,
72001О, Kyrgyz Repubic,
Tel.: (+996 312) 89-54-37, 89-54-44 www.bnc.kg
e-mail: bnc@bnc.kg