MHP completes takeover of Spain’s UVESA poultry group
Deal boosts MHP’s footprint in Europe and Middle East
4 August 2025
2 minute read
By: Ukrainian agri-food company MHP has officially completed its acquisition of more than 92% of the share capital of Grupo UVESA, one of Spain’s major vertically integrated poultry and pork producers, according to a recent press release issued by MHP.
The deal, first announced in March 2025, was finalised after the end of the accession period to the Share Purchase Agreement and after all required regulatory approvals were secured. These included clearance from antitrust authorities in Ukraine, Spain, Saudi Arabia, Serbia, Montenegro and Kosovo, as well as merger control and foreign subsidy approvals from the European Commission.
MHP now controls UVESA’s core processes and operations.
“With the deal now finalised, we are moving into the integration phase,” said John Rich, executive chairman of the MHP board of directors. “Our goal is to build on UVESA’s strengths, focusing on operational excellence and sustainable development.”
Rich said MHP would prioritise operational alignment, knowledge exchange and targeted investments in efficiency and product innovation.
Antonio Sánchez, president of UVESA, welcomed the partnership. “This marks a new and significant chapter for UVESA, which will be able to boost its growth thanks to MHP’s extensive experience in operational innovation,” he said.
The deal was settled in cash at closing, with a fixed purchase price of €225 per share and a potential additional payment of up to €21.43 per share, backed by a first-demand bank guarantee.
