7.10.2013
The National Agency of Investment and Privatization of the Republic of Belarus announces the commencement of the procedure for attraction strategic investor for the purchase of the state-owned 99.94% share in the capital stock of OJSC “Medplast”

The National Agency of Investment and Privatization of the Republic of Belarus (the “Agency”) hereby announces the commencement of the procedure for attraction strategic investor for the purchase of the state-owned 99.94% share in the capital stock of OJSC “Medplast”, the leading Belarusian producer and distributor of disposable medical syringes.

Teaser

The procedure for attraction strategic investors is based on the international public tender methodology and organized with assistance from the International Bank for Reconstruction and Development (the “World Bank”) within the framework of the Grant Agreement between the Ministry of Economy of the Republic of Belarus and the International Bank for Reconstruction and Development (Austrian Trust Fund Grant No. TF098603).

The Agency hired the Consortium of Mattig Management Partners GesmbH, CJSC “Alfa Bank” and LLC “Egorov, Puginsky, Afanasiev and Partners” (collectively the “Advisor”) as the Financial Advisor for preparing and supporting the transaction.

The Agency invites for participation in the procedure foreign and national potential investors and advised as follows:

Interested parties that wish to qualify for participation in the procedure for attraction strategic investors, alone or as a consortium (where all members of the consortium are jointly and severally liable for the consortium’s obligations), must confirm and verify the following :

  • the interested party shall have been active for  the last three years in the production, distribution or sale of medical syringes or other consumable or durable medical products or in related fields; and
  • the interested party shall have had average annual sales during the last three fiscal years of at least USD 17 million; and
  • more than 50% of shares or other ownership interests in the interested party shall be private property.

Investors that provide initial indications of interest to the address provided in clause 5 will be provided with a short-profile of the Company and Confidentiality Agreement (with Data Room Rules). Upon returning an executed Confidentiality Agreement, the potential investor will be provided with the Instructions to Bidders and the form of Expression of Interest and Investor Certification.

The original Expression of Interest and the qualification materials shall be submitted in a sealed envelope no later than November 6, 2013 2:00 pm CET at the following address: National Agency of Investment and Privatization, 14 Bersona Street, Minsk, 220030, Republic of Belarus, attn: Mr. Egor Efanov.

On the ground of submitted Expression of Interest and Certificates Commission on attracting strategic investors will form a short list of investors. Shortlisted participants will be provided with an Information Memorandum, besides they will be granted access to the data room and the opportunity to visit the facilities of the OJSC “Medplast” for conducting due diligence.

Initial indications of interest and any requests for information or clarification should be addressed to the Advisor of the Agency, as follows: e-mail: belarus@mattig-management.at, tel. +43 1 504 83 98 11, fax +43 1 504 83 98 15.

Any changes to the terms and conditions of this announcement will be published on our website.

Contacts:

Dmitry Rudchenko,

Deputy Director

tel. +375 17 200 81 75

dmitry_rudchenko@investinbelarus.by

Egor Efanov,

Project Manager

tel. +375 17 200 22 19

egor_efanov@investinbelarus.by