MHP has acquired 91.77% of UVESA, one of Spain's leading poultry producers.
The company announced the successful completion of the integration phase on April 28, 2025, as part of a Share Purchase Agreement (SPA) with the shareholders of Grupo UVESA, according to a company press release.
Under the terms of the SPA, MHP states that the share purchase has a fixed price of 225 euros per share, with an additional conditional reward of up to 21.43 euros per share.
"This significant step allows MHP to obtain a majority stake in UVESA's equity after the deal is completed. The transaction will be finalized after satisfying previously announced conditions, including obtaining concentration permits and approval regarding foreign subsidies from the European Commission," MHP said.
Transaction timeline:
- On March 20, 2025, MHP signed the SPA with shareholders representing 41% of UVESA’s equity, thus acquiring the first portion of shares in the Spanish poultry producer.
- At that time, MHP announced that other shareholders of the Spanish company could join the sale agreement under the same conditions within a month.
- Later, MHP entered into additional agreements, enabling them to acquire 91.77% of UVESA's equity.
Grupo UVESA is one of Spain’s leading food industry players. In 2019, MHP also acquired the European company Perutnina Ptuj, which operates in Slovenia, Serbia, Croatia, and Bosnia and Herzegovina.
About MHP
MHP is an international company in the food and agritech industries, with production facilities in Ukraine and Southeast Europe. Its shares are listed on the London Stock Exchange. MHP employs over 36,000 people in Ukraine and abroad and ranks among the top 10 employers in Ukraine according to Forbes.
MHP exports products to over 80 countries worldwide. The company’s land bank totals 360,000 hectares across 12 regions of Ukraine. It is the largest taxpayer in the agricultural sector for 2023 and one of the top three investors in the country. As a culinary company, MHP develops more than 15 food brands and, in partnership with others, operates several chains, including “Mʼyasomarket” stores and Döner Market outlets. MHP also operates a Culinary Center.
In collaboration with its strategic partner, the Charitable Foundation “MHP-Community,” the company is helping develop local communities. To provide individual support and comprehensive assistance to soldiers, veterans, their families, and those waiting for loved ones at the front, the company has launched the “MHP Nearby” program.
MHP’s founder and CEO is Ukrainian businessman Yurii Kosyuk.
About Grupo UVESA
Grupo UVESA is one of Spain’s leading food industry players, specializing in poultry and animal feed production for over 60 years. Thanks to its vertically integrated model, the company ensures strict control at every stage of production, guaranteeing high quality and product safety.
Poultry Business
As one of Spain’s leading poultry producers, UVESA operates modern facilities equipped with advanced automation technologies and strict process control systems. This has earned the company prestigious international certifications in food quality and safety.
Feed Production
The company’s feed mills employ the latest technologies to produce nutritious feeds that promote healthy and balanced animal growth.
Throughout its history, UVESA has demonstrated significant growth, driven by the dedication of its employees and the trust of its partners. The company continues to focus on innovation and high quality, strengthening its position as a reliable player in the agri-food industry.