Arnest Group

The company was founded in 1971 in Nevinnomyssk and expanded in 2007, following the purchase of Aerosol Novomoskovsk.^[1]

Following the Russian invasion of Ukraine, in February 2022, many Western companies curtailed their operations in Russia^[2] and, aided by favourable conditions imposed by the Russian government, the Arnest Group entered a period of rapid expansion by buying up Western subsidiaries.

In September 2022, it purchased the Russian wing of the American aluminium manufacturing company, the Ball Corporation, in a deal worth $530 million.^[3] In August 2023, it purchased the Russian subsidiary of the Dutch brewing company, Heineken.^[4] The deal, worth $108 million, incorporated all of Heineken's Russian assets, including seven breweries, but did not include any Heineken branding rights.^[5] And in October 2024, it purchased the Russian wing of the British consumer goods company, Unilever. The deal, worth $562 million,^[6] included all of Unilever's business in Russia, four factories, and businesses in Belarus.^[7]

• Official website