Onexim sold Renaissance Capital investment group to management

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Onexim group of companies, owned by Mikhail Prokhorov, sold the Renaissance Capital investment group to top managers Maxim Orlovsky, Vladimir Kurov and Igor Danilenko. This was reported by “Kommersant” referring to the companies’ press release.

It was stated that the parties to the agreement received the necessary approvals and approvals to finalize the transaction, which was carried out within the framework of a two-year plan, which envisaged first the transfer of the business to Russia and then the sale of the three businesses. handed the group over to management.

The publication emphasizes that the Rönesans brand will not change.

The publication notes that Renaissance Capital was founded in 1995 by Stephen Jennings. Onexim became a partner of the investment group in 2008. Four years later, the Renaissance Capital was acquired. According to media reports, the group had long wanted to get rid of the entity.

Russian President Vladimir Putin in February 2024 signed An order allowing trading in shares of PJSC Renaissance Insurance Group and Ozon Holdings Plc.

Putin before allowed Sale of Finndisp chemical company.

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