Tambov collects Volga bird

The Tambov Tokarevskaya Poultry Farm is becoming a tool for GAP Resource Viktor Nauruzov to enter new assets in the Volga region. The Tambov legal entity, which previously announced the purchase of the Timashevskaya poultry farm of Ilshat Tukaev and Rafael Faizov in the Samara region, will lease the capacity of the Reproduct LLC feed mill in Tatarstan, owned by the same businessmen. In other regions, the lease of assets by Resurs structures led to the start of their buyout by the group. Experts estimate the cost of a working enterprise at 3-4 billion rubles.

The meeting of creditors of Reprodukt LLC approved the terms of the lease of the company's property (not being the subject of pledge) by Tambov OJSC Tokarevskaya Poultry Farm (part of GAP Resource). The terms of the lease agreement were not disclosed. Earlier, the Tokarevskaya Poultry Farm sent a petition to the FAS RUSSIA to “receive for use” the property of Reproduct, which is “more than 20% of the book value of fixed production assets”.

LLC "Reprodukt" manages a large feed mill with a capacity of 200 thousand tons of products per year with an elevator complex for 36 thousand tons of grain. If Tokarevskaya Poultry Farm leases only non-collateral assets, then we can talk about the main buildings (including a small egg store and hatchery), some equipment and vehicles. All property of the enterprise is not older than 2012, follows from the data of the plant.

The monitoring procedure at Reprodukt LLC of Ilshat Tukaev and Rafael Faizov was introduced in September 2020 at the request of Sberbank in the amount of 1.44 billion rubles.

The reason was the overdue debt on a credit line opened by the bank in 2015, the funds of which were to be used for the construction by investors in Tatarstan of a second-order reproducer with a capacity of up to 80 million hatching eggs per year. Bankruptcy proceedings at Reproduct were introduced in March 2021. At the end of the monitoring procedure, 3.46 billion rubles were included in the register. requirements.

By May 2021, the inventory revealed property worth 2.04 billion rubles, including pledged in the Russian Agricultural Bank (part of the equipment and transport) and Sberbank (land and part of the transport). "Reproduct" filed a petition to recognize the company as a city-forming enterprise, but by the beginning of bankruptcy, it could not prove it.

The bankruptcy trustee of "Reprodukt" Dmitry Tikhomirov preferred not to tell "Kommersant" about the details and prospects for the work of the Tokarevskaya poultry farm at the feed mill. In GAP "Resource" traditionally does not comment on "operational activities", which include the lease and acquisition of assets. But according to a similar scheme, GAP Resurs had previously begun acquiring other assets. Thus, the structure of the Stavropol Broiler LLC group first agreed to lease the production of broilers, hatching eggs and feed of the Belaya Ptitsa holding in the Belgorod Region, and then initiated the asset replacement procedure. Similarly, "Resource" acted in relation to the Rostov assets of the "White Bird".

The arrival of GAP Resurs to the Reproduction site was a continuation of the buyout of the Timashevskaya poultry farm in the Samara region announced by the group. Both assets were controlled by Ilshat Tukaev and Rafael Faizov. And the monitoring procedure at the Timashevskaya poultry farm was introduced at the request of the Russian Agricultural Bank for 900 million rubles, which arose under a surety agreement due to the debts of Reproduct. But the Timashevskaya poultry farm was only in the initial stage of bankruptcy, and this allows Resource to acquire it without the procedures required for bankruptcy proceedings.

In September 2021, JSC Tokarevskaya Poultry Farm received FAS approval for the acquisition of property (92% of the book value of all assets) of the Timashevskaya Poultry Farm.

The reconstructed feed mill LLC "Reprodukt" (the largest in the south-east of Tatarstan) was opened on the site of a semi-abandoned enterprise in 2014. According to the administration of the Bugulma district, 2.2 billion rubles were invested in the project. In addition to Tatarstan, products were supplied to the Samara region. During the opening of the plant, Ilshat Tukaev stated that the annual turnover when the enterprise reaches its design capacity will be 3.6 billion rubles. According to Kartoteka.ru, in 2019, before the start of the monitoring procedure, the revenue of Reproduct amounted to 1.7 billion rubles, the loss was 93.5 million rubles.

The market value of Reproduct, taking into account well-established business processes, may exceed 3-4 billion rubles, Ilya Zharsky, managing partner of the Veta expert group, believes: “At the same time, an individual elevator may have a higher profitability than the rest of the business.” According to him, the poultry feed market “is showing an increase in prices both domestically and abroad: they have increased by about 23% over the past two years.”

Preliminary lease of capacities allows not to wait for the sale of property at auction, but to achieve the transfer of assets into ownership without them, says Yury Fedyukin, managing partner of the law firm Enterprise Legal Solutions: “Creditors see a ready-made buyer in the tenant. If the lessee is interested in acquiring the enterprise, it is most likely that an asset replacement procedure will be implemented. This method allows you to save the existing business as "softly" as possible. Pledges of property in Rosselkhozbank and Sberbank, with proper negotiation between the parties, should not play a serious burdensome role.”