MHP has successfully closed the acquisition of more than 92% of the shares of Grupo UVESA
Tudela, Navarra. 4 August 2025 — Perutnina Ptuj, a member of MHP Group, has officially closed the acquisition of more than 92% of the share capital of Grupo UVESA, one of Spain’s leading vertically integrated poultry and pork producers.
The closing of the transaction was made possible following the conclusion of the adherence period to the share purchase agreement (SPA), signed in March 2025, and after obtaining all necessary regulatory approvals. Specifically, MHP received clearance from the antitrust authorities of Ukraine, Spain, Saudi Arabia, Serbia, Montenegro and Kosovo, as well as merger control and foreign subsidies approval from the European Commission.
As a result, the transaction was officially completed. The company became the owner of more than 92% of UVESA’s shares, having reached an agreement with all sellers. MHP now controls the core processes and operational activities of the company.
Greater efficiency and export focus
The integration process will prioritise operational alignment, knowledge sharing and targeted investments in efficiency and product innovation. Together, the companies will also explore opportunities to strengthen export capabilities and expand their presence in European and Middle Eastern markets.
“Now that the deal is closed, we move into the integration phase. Our goal is to leverage UVESA’s strengths, focusing on operational excellence and sustainable development. We are confident in our ability to unlock new opportunities and drive long-term value.”
Dr. John Rich, Executive Chairman of the Board of MHP
The transaction was settled in cash at closing, in accordance with the terms of the SPA: a fixed purchase price of €225 per share and a contingent consideration of up to €21.43 per share, backed by a first-demand bank guarantee.
“The partnership with MHP marks a significant new chapter for UVESA, which will be able to drive its growth thanks to MHP’s extensive expertise in operational innovation, and continue to consolidate its excellence in the sustainable production of high-quality food and ensure full food safety.”
Antonio Sánchez, President of UVESA
MHP: among the ten largest chicken producers in the world
MHP is an international company in the field of food and agricultural technologies. It has production facilities in Ukraine and south-eastern Europe. MHP shares are listed on the London Stock Exchange.
It brings together more than 36,000 employees in Ukraine and abroad, and is included among the top 20 employers in Ukraine according to Forbes. MHP exports products to more than 70 countries worldwide. Its land bank stands at 360,000 hectares across 12 regions of Ukraine. The company is one of the largest contributors to the agricultural sector; in 2024, MHP was recognised as one of the country’s largest investors by Forbes and NV. MHP ranks among the top 10 largest broiler producers in the world according to the WattPoultry ranking.
The company develops more than 15 food brands and, together with partners, operates several chains, including “Meat Market” retail stores and “Döner Market” outlets. The founder and CEO of MHP is Ukrainian entrepreneur Yurii Kosyuk.
UVESA: 60 years of experience in broiler production
Grupo UVESA stands as a prominent leader in the Spanish food industry, with more than 60 years of dedication to excellence in the poultry and feed sectors. The company’s vertically integrated model ensures meticulous oversight at every stage of production, reinforcing its commitment to quality and food safety. As one of Spain’s leading broiler producers, UVESA operates state-of-the-art facilities equipped with advanced automation and stringent process controls. This has earned the company international certifications in quality and food safety. It also produces pork and works in the area of genetics, serving as a major supplier to the country’s leading meat companies.
The company’s feed manufacturing centres use cutting-edge technologies to produce nutrient-rich feeds, ensuring healthy and balanced livestock growth.
Throughout its history, UVESA has experienced significant growth, driven by the dedication of its workforce and the confidence of its stakeholders. The company remains committed to innovation and excellence, consolidating its position as a trusted name in the agri-food sector.
About Perutnina Ptuj
Perutnina Ptuj, headquartered in Ptuj, Slovenia, is a poultry producer and food company with a rich tradition dating back to 1905. It is an international group of 16 companies with more than 5,200 employees in 7 countries, operating 15 production plants and 3 trading companies. Perutnina Ptuj is a wholly owned subsidiary of MHP Group.
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