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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 big Grupo UVESA, following regulatory approvals from six nations and the European Fee.
The deal, initially signed in March 2025, was accomplished in spite of everything sellers agreed to the phrases, with a hard and fast share worth of €225 and a potential further €21.43 per share, backed by a financial institution assure. In keeping 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 shifting into the mixing part,” mentioned Dr. John Wealthy, Government Chairman of MHP. “Our aim is to construct on UVESA’s strengths, specializing in operational excellence and sustainable improvement.”
The mixing 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 vital chapter for UVESA,” which can profit from MHP’s “intensive expertise in operational innovation.”
The acquisition positions MHP (already Europe’s largest poultry producer and among the many high 10 globally) to broaden its European presence. The group employs over 36,000 folks and exports to greater than 70 nations.
Grupo UVESA, with over 60 years in Spain’s meals business, stays a significant provider in poultry, pork, and feed manufacturing.
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