4 August 2025 – Perutnina Ptuj, a member of the MHP Group, has officially closed the transaction to acquire more than 92% of the share capital of Grupo UVESA, one of the leading vertically integrated poultry and pork producers in Spain.
The closing of the transaction was made possible following the completion of the adherence period to the share purchase agreement (SPA), signed in March 2025, and after obtaining all necessary regulatory approvals. In particular, MHP received approvals from the antitrust authorities of Ukraine, Spain, Saudi Arabia, Serbia, Montenegro and Kosovo, as well as merger control and foreign subsidy approvals 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, after reaching an agreement with all sellers. MHP now controls the core processes and operational activities of the company.
Dr. John Rich, executive chairman of the board of MHP, commented:
“Now that the deal is closed, we are moving into the integration phase. Our goal is to build on the strengths of UVESA, with a focus on operational excellence and sustainable development. We are also deeply committed to investing in our team, creating an environment where talent can thrive and innovation is part of the daily work. Backed by MHP’s international experience and expertise, we are confident in our ability to open up new opportunities and drive long-term value.
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.
Antonio Sanchez, Chairman of UVESA, added:
‘The partnership with MHP marks a significant new chapter for UVESA, which will be able to leverage 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 safety’.
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 contingent consideration of up to €21.43 per share, backed by a first demand bank guarantee.
About MHP
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 employs more than 36,000 people in Ukraine and abroad and is listed among the 20 best employers in Ukraine according to Forbes
MHP exports products to more than 70 countries of the world. The land bank is 360,000 hectares in 12 regions of Ukraine. The company is one of the largest contributors in the agricultural sector, in 2024 MHP was recognised as one of the largest investors in the country according to Forbes and NV.
MHP is the leading chicken producer in Europe and is among the top 10 global chicken producers according to the WattPoultry rating.
The company develops more than 15 food brands and, together with partners, several chains, including ‘Meat Market’ shops and ‘Döner Market’ outlets.
Together with the strategic partner Charitable Foundation “MHP-Hromadi”, the company supports Ukrainians, develops communities and preserves Ukrainian culture. For individual support and comprehensive support of servicemen, veterans and their families, it implements the programme “MHP by your side”.
The founder and CEO of MHP is Ukrainian entrepreneur Yurii Kosyuk.
About Grupo UVESA
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 supervision at all stages of production, reinforcing its commitment to quality and food safety.
Poultry business
As one of Spain’s leading poultry producers, UVESA operates state-of-the-art facilities, equipped with advanced automation and strict process controls. This has earned the company international certifications in quality and food safety.
Pork sector
Produces pork and works in the area of genetics, serving as a major supplier to the country’s leading meat companies.
Feed area
The company’s feed manufacturing facilities use state-of-the-art technologies to produce nutrient-rich feeds, ensuring the healthy and balanced growth of livestock.
Throughout its history, UVESA has experienced significant growth, driven by the dedication of its workforce and the trust of its stakeholders. The company remains committed to innovation and excellence, cementing its position as a trusted name in the agri-food sector.
About Perutnina Ptuj
Perutnina Ptuj, based 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 the MHP Group.