Baker McKenzie Advises VARUS on Acquisition of KOLO Convenience Store Chain

"Baker McKenzie's Kyiv office advised VARUS supermarket chain on its acquisition of KOLO, completed on 4 August 2026. The combined network now comprises 374 stores and more than 9,000 employees. Baker McKenzie advised on the memorandum of cooperation and provided comprehensive legal support throughout the transaction."

Baker McKenzie’s Kyiv office acted as legal counsel to VARUS supermarket chain in connection with the signing and closing of its acquisition of KOLO, a leading Ukrainian convenience retail operator. The signing and closing of the transaction took place on 4 August 2026. Following completion, the combined network comprises 374 stores and employs more than 9,000 people. The acquisition further advances VARUS’ market expansion strategy. VARUS intends to combine KOLO’s expertise in the convenience store segment with VARUS’ scale and capabilities in procurement, marketing and IT. Baker McKenzie advised VARUS on the memorandum of cooperation and provided comprehensive legal support throughout the preparation of the transaction documentation, signing and closing of the transaction. Baker McKenzie (Kyiv office) represented VARUS supermarket chain with a team composed by: Alyona Bon, Counsel in the Corporate and M&A Practice Group (team lead); Viacheslav Yakymchuk, Partner (overall supervision); Associate Oleksandr Savvi (key role); Associate Yuliia Seredynska (support).

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Baker McKenzie Advises VARUS on Acquisition of KOLO Convenience Store Chain

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Baker McKenzie Advises VARUS on Acquisition of KOLO Convenience Store Chain

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