Poultry. Credit score: Tatjana Baibakova, Shutterstock.
Ukraine’s MHP, a number one international meals group, has finalised the acquisition of over 92 per cent of Spanish poultry and pork large Grupo UVESA, following regulatory approvals from six international locations and the European Fee.
The deal, initially signed in March 2025, was accomplished in any case sellers agreed to the phrases, with a hard and fast share value of €225 and a doable additional €21.43 per share, backed by a financial institution assure. In line with PR Newswire, MHP now holds operational management of UVESA, recognized for its vertically built-in manufacturing and excessive meals security requirements.
“With the deal now finalised, we’re transferring into the combination section,” stated Dr. John Wealthy, Govt Chairman of MHP. “Our objective is to construct on UVESA’s strengths, specializing in operational excellence and sustainable improvement.”
The combination plan contains streamlining operations, boosting effectivity, and exploring new export markets throughout Europe and the Center East.
UVESA President Antonio Sánchez welcomed the partnership, stating it “marks a brand new and important chapter for UVESA,” which can profit from MHP’s “in depth expertise in operational innovation.”
The acquisition positions MHP (already Europe’s largest poultry producer and among the many high 10 globally) to develop its European presence. The group employs over 36,000 folks and exports to greater than 70 international locations.
Grupo UVESA, with over 60 years in Spain’s meals business, stays a serious provider in poultry, pork, and feed manufacturing.
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