MHP Strengthens its Position in the European Market with UVESA Acquisition Deal
On March 20, 2025, MHP, a prominent player in the international food and agricultural sector, announced an important milestone in its expansion strategy by completing a Share Purchase Agreement (SPA) with shareholders holding over 41% of UVESA, a leading poultry production firm in Spain. This acquisition is a crucial step for MHP as it seeks to solidify its foothold in the competitive European poultry market, aligning with its long-term vision of growth and sustainability.
Under the terms of the agreement, MHP will pay a fixed price of EUR 225 per share, with potential additional compensation of up to EUR 21.43 per share, dependent on specific post-closing conditions. The SPA also provides an open invite for other UVESA shareholders to join the agreement within a month, facilitating broader participation under the same financial terms.
Dr. John Rich, the Executive Chairman of MHP's Board of Directors, emphasized the significance of this partnership, noting that it represents not only a business expansion but also a commitment to collaboration and innovation. He stated, "For MHP, expanding in Europe is about building strong partnerships, driving innovation, and making a lasting impact. UVESA, with its established reputation and history in the Spanish market, complements MHP’s vision for sustainable business growth and will contribute to the country’s economic progress.
The partnership aims to leverage MHP's operational excellence, advanced technologies, and deep industry expertise to fuel UVESA's growth trajectory, enabling the company to expand its market reach across Europe and the Middle East. Rich added, "At the core of this partnership are people. The over 3,000 employees at UVESA will remain integral to the company’s operations and future. We are dedicated to ensuring job stability and generating economic value within the region."
Antonio Sánchez, President of UVESA, echoed Dr. Rich’s sentiments, sharing his optimism for the partnership's potential. He described this collaboration as a pivotal moment for UVESA, focusing on strengthening their foundations and unlocking new opportunities. Sánchez expressed confidence that with MHP’s proficiency in areas like innovation and superior operational strategies, UVESA would be well-equipped for sustainable growth, all while upholding their strong local roots. The company is particularly committed to continuing to supply high-quality products to the communities and regions they serve.
The completion of this transaction is subject to essential regulatory approvals, including merger control permissions and clearance by the European Commission regarding foreign subsidies. Prior to this SPA, MHP had already received formal approval from the Spanish Government on March 4, 2025, for its strategic investment in UVESA and its associated enterprises, establishing MHP as a dependable and responsible investor in the European agri-food sector.
With operations in both agriculture and food production, MHP is publicly listed on the London Stock Exchange and distinguishes itself by producing top-notch food products aimed at enhancing consumers’ quality of life. A comprehensive review indicates that MHP operates various manufacturing facilities across Ukraine and the Balkans, with additional subsidiaries located in the Netherlands, the UK, the UAE, and other EU nations. MHP employs an impressive workforce of over 36,000 individuals and ranks among the top 10 employers in Ukraine, according to Forbes. The firm distributes its products to over 80 countries globally and manages a land base of approximately 360,000 hectares across twelve regions in Ukraine.
As the largest taxpayer within the agricultural sector amidst ongoing geopolitical challenges, MHP continues to champion the economic stability and food security of Ukraine. While its pursuits include generating profits, the company maintains a strong commitment to supporting local communities by developing several retail chains such as MeatMarket stores, Fresh Food outlets, Nasha Ryaba locations, and Döner Market restaurants, providing high-quality fast food options.
MHP’s ongoing community engagement initiatives, particularly through its MHP Standing Together program, provide meaningful assistance and comprehensive support to military personnel, veterans, and their families during these tumultuous times. This highlights MHP's broader mission to support its workforce and local economic development while ensuring food security and quality for consumers.
MHP’s founder and CEO, Yuriy Kosyuk, continues to lead the company with his long-term vision of sustainable growth, further reinforced by this significant agreement with UVESA. Grupo UVESA’s rich heritage, spanning over six decades, emphasizes excellence in both poultry and feed sectors through a vertically integrated model that ensures stringent quality control at every production stage, reinforcing their standing as a trusted name in the agri-food landscape.
Under the terms of the agreement, MHP will pay a fixed price of EUR 225 per share, with potential additional compensation of up to EUR 21.43 per share, dependent on specific post-closing conditions. The SPA also provides an open invite for other UVESA shareholders to join the agreement within a month, facilitating broader participation under the same financial terms.
Dr. John Rich, the Executive Chairman of MHP's Board of Directors, emphasized the significance of this partnership, noting that it represents not only a business expansion but also a commitment to collaboration and innovation. He stated, "For MHP, expanding in Europe is about building strong partnerships, driving innovation, and making a lasting impact. UVESA, with its established reputation and history in the Spanish market, complements MHP’s vision for sustainable business growth and will contribute to the country’s economic progress.
The partnership aims to leverage MHP's operational excellence, advanced technologies, and deep industry expertise to fuel UVESA's growth trajectory, enabling the company to expand its market reach across Europe and the Middle East. Rich added, "At the core of this partnership are people. The over 3,000 employees at UVESA will remain integral to the company’s operations and future. We are dedicated to ensuring job stability and generating economic value within the region."
Antonio Sánchez, President of UVESA, echoed Dr. Rich’s sentiments, sharing his optimism for the partnership's potential. He described this collaboration as a pivotal moment for UVESA, focusing on strengthening their foundations and unlocking new opportunities. Sánchez expressed confidence that with MHP’s proficiency in areas like innovation and superior operational strategies, UVESA would be well-equipped for sustainable growth, all while upholding their strong local roots. The company is particularly committed to continuing to supply high-quality products to the communities and regions they serve.
The completion of this transaction is subject to essential regulatory approvals, including merger control permissions and clearance by the European Commission regarding foreign subsidies. Prior to this SPA, MHP had already received formal approval from the Spanish Government on March 4, 2025, for its strategic investment in UVESA and its associated enterprises, establishing MHP as a dependable and responsible investor in the European agri-food sector.
With operations in both agriculture and food production, MHP is publicly listed on the London Stock Exchange and distinguishes itself by producing top-notch food products aimed at enhancing consumers’ quality of life. A comprehensive review indicates that MHP operates various manufacturing facilities across Ukraine and the Balkans, with additional subsidiaries located in the Netherlands, the UK, the UAE, and other EU nations. MHP employs an impressive workforce of over 36,000 individuals and ranks among the top 10 employers in Ukraine, according to Forbes. The firm distributes its products to over 80 countries globally and manages a land base of approximately 360,000 hectares across twelve regions in Ukraine.
As the largest taxpayer within the agricultural sector amidst ongoing geopolitical challenges, MHP continues to champion the economic stability and food security of Ukraine. While its pursuits include generating profits, the company maintains a strong commitment to supporting local communities by developing several retail chains such as MeatMarket stores, Fresh Food outlets, Nasha Ryaba locations, and Döner Market restaurants, providing high-quality fast food options.
MHP’s ongoing community engagement initiatives, particularly through its MHP Standing Together program, provide meaningful assistance and comprehensive support to military personnel, veterans, and their families during these tumultuous times. This highlights MHP's broader mission to support its workforce and local economic development while ensuring food security and quality for consumers.
MHP’s founder and CEO, Yuriy Kosyuk, continues to lead the company with his long-term vision of sustainable growth, further reinforced by this significant agreement with UVESA. Grupo UVESA’s rich heritage, spanning over six decades, emphasizes excellence in both poultry and feed sectors through a vertically integrated model that ensures stringent quality control at every production stage, reinforcing their standing as a trusted name in the agri-food landscape.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.