Armenia's Balchug Capital assumes ownership of Ural-based Raduga animal feed producer

CHELYABINSK. Dec 11 (Interfax) - Armenia's CJSC Balchug Capital has assumed ownership of Chelyabinsk Region-based Raduga LLC animal feed producer, and the corresponding information was entered into the Unified State Registry of Legal Entities (USRLE) on November 25.

Raduga and its Uvelka Petfood LLC subsidiary produce cat and dog food according to the companies' respective websites. Raduga opened the first line of the production complex in 2017.

Raduga generated revenue of 1.5 billion rubles and net profit of 154.6 million rubles in 2023, the company said in a financial statement.

The SPARK-Interfax analytical system indicates that Vitaly Zyablin previously owned the company. Zyablin is also the co-owner of Resurs LLC that produces instant cereals under the Uvelka brand.

Balchug Capital's website indicates that the Yerevan-headquartered investment company was founded in 2010 by David Amaryan, who is also the fund's CEO. In 2023, the company bought one of the largest shopping and entertainment centers in Moscow, Metropolis, from American investors, and also acquired the St. Petersburg business center Pulkovo Sky from Finland's EKE and Vicus.