MHP completes acquisition of Spanish poultry and pork producer Grupo UVESA
Ukrainian agri-food company MHP has successfully closed its acquisition of over 92% of Grupo UVESA’s share capital, marking a significant expansion into the Spanish market. The transaction, valued at €225 per share with potential contingent consideration of up to €21.43 per share, was completed following regulatory approvals from multiple jurisdictions.
Regulatory clearances secured across multiple markets
The deal received antitrust clearances from Ukraine, Spain, Saudi Arabia, Serbia, Montenegro, and Kosovo, alongside merger control and foreign subsidies approval from the European Commission. The comprehensive regulatory review process was completed within the accession period outlined in the Share Purchase Agreement signed in March 2025.
MHP, which operates production facilities across Ukraine and South-Eastern Europe, exports to over 70 countries and maintains a land bank of 360,000 hectares. The company is recognised as Europe’s leading poultry producer and ranks among the top 10 globally according to WattPoultry rankings.
Integration phase focuses on operational excellence
Dr John Rich, Executive Chairman of MHP’s Board of Directors, outlined the strategic approach: “With the deal now finalised, we are moving into the integration phase. Our goal is to build on UVESA’s strengths, focusing on operational excellence and sustainable development. We are also deeply committed to investing in our team by creating an environment where talent can thrive and innovation becomes part of everyday work.”
The integration strategy prioritises operational alignment, knowledge exchange, and targeted investments in efficiency and product innovation. Both companies plan to explore opportunities for strengthening export capabilities and expanding across European and Middle Eastern markets.
UVESA brings 60 years of Spanish market experience
Grupo UVESA, with over six decades in Spain’s food industry, operates a vertically integrated model across poultry, pork, and feed sectors. The company’s facilities incorporate advanced automation and process controls, securing international certifications in quality and food safety standards.
Antonio Sánchez, President of UVESA, commented: “The partnership with MHP marks a new and significant chapter for UVESA, which will be able to boost its growth thanks to MHP’s extensive experience in operational innovation, and continue to consolidate its excellence with the sustainable production of high-quality food and ensure total food security.”
The acquisition strengthens MHP’s position in European markets whilst providing UVESA access to international expertise and expanded distribution networks. MHP employs over 36,000 people globally and operates multiple food brands alongside retail chains including MeatMarket stores and Döner Market outlets.
