Kernel Holding

Kernel Holding S.A. (Ukrainian: Кернел) is the largest producer of sunflower oil in Ukraine.

Kernel provides small and medium-sized partners with technology and agronomic support, access to credit, currency and forward programs.

The company also helps partners to protect property from raiders, provides funding for the construction of elevators, granaries, land purchase.

Andrii Verevskyi announced an offer to buy out all the shareholders in Kernel Holding at a share price approximately three times below their pre-war value, claiming the exit was due to Russia’s invasion of Ukraine.

[12] The delisting was described as a cynical move to push out minority shareholders which could undermine foreign funding for the postwar reconstruction of Ukraine.