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Highlights
- MHP submits binding offer to acquire UVESA Group, a leading Spanish food company with poultry and pork operations.
- The acquisition is set to strengthen MHP’s position in the global food market, particularly in Spain and Southeastern Europe.
- MHP’s expertise in high-quality production and sustainability will contribute to enhancing Spain’s poultry industry and food security.
MHP SE ("MHP" or "the Group"), a leading international food group with major production facilities in Ukraine and Southeastern Europe, is pleased to announce that it has submitted a binding offer to acquire UVESA Group ("UVESA"), a market leader in the Spanish food industry with well-established poultry and pork operations.
Strategic Acquisition of UVESA Group
The transaction involves a tender offer directed at all current shareholders of UVESA, and is subject to certain conditions, including achieving a minimum acceptance threshold of 50.01%. Additionally, the offer will be contingent upon securing any required regulatory approvals. Once completed, the acquisition will significantly expand MHP's presence in Spain, reinforcing its strategic footprint across Europe.
This acquisition aligns with MHP's long-term vision of becoming a more diversified, value-added culinary company while continuing to focus on its core strength of high-quality poultry production. MHP's established operations in Ukraine, including its subsidiary Perutnina Ptuj in Southeastern Europe and its various international ventures, position it as one of the most efficient poultry producers globally.
Strengthening MHP’s Position in the Global Food Industry
MHP has grown into a major player in the international food industry, exporting up to 60% of its poultry products to over 70 countries worldwide. The Group has invested heavily in innovation, operational efficiency, and quality control at every stage of the production process, ensuring that all MHP Ukraine's products meet the most stringent EU standards for poultry production.
The acquisition of UVESA will consolidate MHP’s position as a global food leader and provide a platform for further market diversification. UVESA's established operations in Spain, particularly in the poultry and pork sectors, complement MHP's existing capabilities and will enable the Group to better serve the growing demand for affordable, high-quality poultry products and food solutions.
Enhancing Spain’s Poultry Industry and Supporting Sustainability
MHP’s acquisition of UVESA represents a strategic opportunity to contribute to Spain’s agricultural and food sectors. MHP's proven track record of adhering to stringent animal welfare and quality standards will complement Spain's existing poultry industry, bringing significant opportunities for improvement in sustainability and food security.
The deal also offers opportunities to strengthen the local supply chain and create new jobs, contributing to Spain’s broader agricultural sector and enhancing the country’s food sustainability. MHP’s investment in UVESA will not only help meet growing demand for poultry products in Spain but also provide valuable opportunities for collaboration with local farmers and businesses.
A Stronger Future for Global Food Security and Economic Development
MHP’s acquisition of UVESA is another key milestone in the Group’s strategic journey to solidify its position in the global food industry. By leveraging its expertise and advanced production capabilities, MHP is well-equipped to enhance Spain’s poultry industry while contributing to the broader goals of food security, sustainability, and animal welfare.
The acquisition also presents significant potential for economic development, with the creation of jobs and investment in Spain’s agricultural infrastructure. MHP’s continued focus on operational excellence and market diversification positions the Group for long-term growth and success, not only in Spain but across the global food industry.
