MHP completes acquisition of over 92% of Spain’s Grupo UVESA

Ukraine-based food and agribusiness company MHP has officially completed the acquisition of over 92% of the share capital of Grupo UVESA, one of Spain’s major vertically integrated producers of poultry and pork.

The closing of the transaction became possible following the completion of the accession period to the Share Purchase Agreement (SPA), signed in March 2025, and after obtaining all required regulatory approvals. In particular, MHP received clearances 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.

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Following this, the transaction was officially completed. The company became the owner of over 92% of UVESA’s shares, having settled with all sellers. MHP now controls the company’s core processes and operational activities.

“Operational excellence and sustainable development”

Dr John Rich, executive chairman of the MHP board of directors, said: “With the deal now finalised, we are moving into the integration phase. Our goal is to build on UVESA’s strengths, focusing on operational excellence and sustainable development. We are also deeply committed to investing in our team by creating an environment where talent can thrive and innovation becomes part of everyday work. Backed by MHP’s international experience and expertise, we are confident in our ability to unlock new opportunities and drive long-term value.”

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The integration process will prioritise operational alignment, knowledge exchange, and targeted investments in efficiency and product innovation. Together, the companies will also explore opportunities to strengthen export capabilities and expand their footprint across European and Middle Eastern markets.

Antonio Sánchez, president of UVESA, added: “The partnership with MHP 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, and continue to consolidate its excellence with the sustainable production of high-quality food and ensure total food security.”

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