The owner of OKKO acquires a stake in the oil and gas extraction company "Bystritske Invest."

Vitaliy Antonov, the owner of the OKKO gas station network, plans to acquire more than half of the shares of the oil and gas extraction company "Bystrytske Invest."

According to reports from Nadra.info.

Under the terms of the agreement, Antonov will acquire a controlling stake in "Bystrytske Invest" through his Cypriot company "Vi.An Holding Limited." Meanwhile, the founder of the "Zakhidnadrainvest" group, Zinoviy Kozytskyi, will remain among the shareholders, and operational management of the project will be conducted jointly.

The value of the deal has not been disclosed. On November 7, 2024, the Antimonopoly Committee of Ukraine will review the application for permission regarding this transaction.

The company "Bystrytske Invest" holds the only valid special permit for geological exploration, pilot industrial development, and extraction of hydrocarbons (natural gas, condensate, oil) in the Bystrytska oil and gas condensate area in the Lviv region. Previously, this permit belonged to "Zakhidnadraserivis."

For OKKO, which encompasses over 10 diverse businesses, this deal could represent a significant step towards diversifying its operations and securing its own energy needs. At the same time, Kozytskyi retains a stake in the project, which will help maintain the existing management and expertise.

Background. Earlier, Mind reported that OKKO Group has begun constructing a mountain resort in Lviv region.