MHP to invest more than $200 million in vegetables and sausages production

MHP to invest more than $200 million in vegetables and sausages production

MHP is negotiating with potential investment partners over $200 million in three main areas - frozen food, vegetables, sausages

The investment plans of the agricultural holding were shared by the deputy chairman of the board for investment activities of the MHP, Dmytro Zozulya.

Today, MHP is the largest producer and exporter of chicken in Ukraine, as well as the largest taxpayer in the agricultural sector: in 2023, MHP paid over UAH 6 billion, which is 31% more than in the previous year.

According to Dmytro Zozulya, MHP is working on deals with a total value of over $200 million. He clarified that not all of them will be completed this year, some may happen later.

The top manager of MHP noted that the agricultural holding will consider the possibility of mergers and acquisitions (M&A) abroad, but Ukraine remains an attractive place for business. Dmytro Zozulya believes that it is possible to launch productions in Ukraine that will be able to successfully enter export markets.

The company is currently negotiating cooperation with national and regional manufacturers, aiming to reach the largest possible number of consumers, explained the company's top manager.

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