Russia's FAS grants Rosspirtprom permission to purchase 100% of JSC Tatspirtprom's shares

MOSCOW. Dec 30 (Interfax) - Russia's alcohol market is ending the current year with a highly anticipated major deal, namely the Federal Anti-monopoly Service (FAS) has granted Rosspirtprom approval to purchase 100% of the shares in JSC Tatspirtprom.

"With this press release, JSC Tatspirtprom informs of receiving approval from the Federal Anti-monopoly Service for JSC Rosspirtprom to purchase 100% of the shares in JSC Tatspirtprom," Tatspirtprom said.

On December 30, 2025, JSC Svyazinvestneftekhim signed a legally binding agreement to sell 100% of the shares of JSC Tatspirtprom to JSC Rosspirtprom. Tatarstan owns Tatspirtprom through JSC Svyazinvestneftekhim.

"The transaction was prepared over the course of a year and was completed at a market price based on an independent assessment," according to the press release.

The amount of the transaction has not been disclosed.

The FAS is not commenting on the information.

As previously reported, the operating model going forward involves maintaining two legal entities, each of which will continue to specialize in its core expertise.

The head offices of JSC Rosspirtprom and JSC Tatspirtprom will be located in Kazan.

Tatspirtprom comprises two distilleries and two liquor factories, as well as the Vigrosso winery in Kazan.

Established in 2009, JSC Rosspirtprom owns a full-cycle production complex comprising eight distilleries with capacity of 22.5 million decaliters of alcohol per year, as well as two service companies. The Russian government in 2023 ordered that Rosspirtprom be included in the federal property privatization forecast for 2023-2025. The company was sold via auction to Business Alliance LLC in 2024 as part of the privatization.