MHP’s Strategic Acquisition: Strengthening Presence in European Poultry Market with 91.77% of UVESA

MHP Acquires 91.77% of UVESA: A Major Step in the European Poultry Sector

In a significant development within the international agri-food landscape, MHP, a top-notch global food and agriculture company, has successfully acquired a substantial 91.77% stake in UVESA, one of Spain's premier poultry producers. This acquisition emerges as a strategic move to bolster MHP's presence in the European poultry market, a vital sector for sustainable growth.

The agreement, which finalized the adherence period related to the Share Purchase Agreement (SPA) established earlier on March 20, 2025, marks a historic turning point for both companies. Initially, MHP secured collaboration with shareholders representing 41% of UVESA's share capital. Subsequent negotiations led to additional adherence deeds with other shareholders, ultimately culminating in this formidable controlling interest.

Dr. John Rich's Insights

Dr. John Rich, the Executive Chairman of MHP's Board of Directors, underscored the importance of this acquisition by emphasizing its strategic alignment with UVESA. He stated that this investment will amplify MHP's operations in the European poultry sector, heralding fresh opportunities for sustainable growth and enhanced market access, particularly across Europe and the Middle East. Rich articulated that the alliance is built on innovation, shared values, and a steadfast commitment to long-term job security for employees.

The transaction adheres to prior disclosures concerning regulatory approvals, notably merger control clearances and foreign subsidies clearance from the European Commission. The terms of the SPA, including a steadfast purchase price of EUR 225 per share along with contingent considerations, are maintained throughout this deal, which promises closure supported by a bank guarantee at the time of finalization.

UVESA's Growth and Commitment to Quality

Antonio Sánchez, the President of UVESA, reflected on the merger by highlighting the shared commitment to establishing a sustainable future collectively. Both organizations emphasize quality, people, and long-term impacts—principles that have always been foundational to UVESA's operational ethos. With this acquisition, the companies aim to align their resources and strengths toward mutual aspirations, benefiting both the employees and the broader communities they serve.

The integration of UVESA into MHP signifies a significant step with broader implications for the food industry across Europe and beyond. With substantial infrastructure in place along with state-of-the-art facilities, UVESA is recognized for its innovative practices in poultry production and food safety, underscoring its reliance on a highly skilled workforce.

MHP: A Commitment Beyond Business

MHP stands as a public entity listed on the London Stock Exchange, known for its high-quality food products. Operating predominantly in Ukraine and Southeastern Europe, MHP boasts robust agricultural operations, manufacturing facilities, and retail initiatives. As a critical player in the food sector, the company is known for its substantial contributions to the economy, particularly during challenging times, including the ongoing war in Ukraine.

With over 36,000 employees, MHP is respected not only for its business operations but also for its proactive involvement in community-related efforts, including the MHP Standing Together program, which aids military personnel and their families.

Conclusion: A Bright Future Ahead

As MHP solidifies its friendship with UVESA, both companies are poised to impact the poultry sector positively, realizing their shared aspirations of innovation and quality. This acquisition is not merely a business transaction; it exemplifies a partnership model aimed at crafting a resilient agricultural framework that can adapt and thrive in varying market conditions.