Ukrainian food and agri-tech group MHP has signed a share purchase agreement with shareholders representing over 41% of the capital of Grupo Uvesa, one of Spain’s leading poultry and animal feed producers.
Under the terms of the agreement, MHP acquired Uvesa shares at a fixed price of €225 per share, with an additional payment of up to €21.43 per share contingent on post-closing obligations being met. Remaining Uvesa shareholders will have the option to join the transaction within one month on identical terms.
The transaction is expected to close following the receipt of regulatory approvals.
Yuriy Kosiuk, Founder and CEO of MHP, emphasized that the company’s expansion into Europe is focused on building strong partnerships, promoting innovation, and advancing sustainable practices. He noted that Uvesa is a respected brand with deep roots in Spain, and MHP will support its growth through operational expertise, modern technology, and market access across Europe and the Middle East.
Founded over 60 years ago, Grupo Uvesa operates more than 300 farms, four processing plants, four feed mills, and three hatcheries, making it one of Spain’s most vertically integrated poultry companies.
MHP is an international food and agri-tech group with operations in Ukraine and the Balkans, as well as subsidiaries in the Netherlands, UK, UAE, Saudi Arabia, and other EU countries. Its business spans agriculture, food production, and retail.