From 2022 onwards the Muzychenko family have held a 50% shareholding stake in CCI, as well as participated in management positions throughout the Group.
The shareholders are considering rebalancing their respective holdings in CCI, with Richard Anderson potentially acquiring an increased stake (without the involvement of any new parties from an ownership perspective). Prior to implementing any such changes, the Company will convene a noteholders’ meeting to ensure that the change-of-control early redemption provision does not apply in this scenario, whereby one of the two existing shareholders would come to hold more than 50% of CCI’s share capital.
CrossChem is a 100% Latvian company, which is part of CrossChem International - the world's largest, independent network of AdBlue® manufacturers. The company's business is based on the production and distribution of sustainable and environmentally friendly chemical products, as well as the provision of services related to the circulation and storage of chemical goods.