Partnership Fund Puts out 50% Stake of Georgian Natural Products for Auction

Partnership Fund plans to sell its stake in its affiliated company. Namely, the Fund plans to sell the 50% stake in the Georgian Natural Products company.

In this company, Partnership Fund holds a 90% stake and after the planned transaction the Fund will maintain only a 40% stake. LLC Georgian Natural Products holds alcohol imports quotas in Belarus.

In 2019, the company opened Georgian House in Minsk, Belarus, to foster exports of Georgian products and to deepen trade-economic relations between the two countries. The starting price of the auction is GEL 2,071,044. The auction step is GEL 10,000. The auction will be finished on July 31.