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MHP to Acquire Agrol Processing Assets in Lviv Region for $5 Million

MHP to Acquire Agrol Processing Assets in Lviv Region for $5 Million

MHP, founded by Ukrainian businessman Yuriy Kosiuk, has received approval from the Antimonopoly Committee of Ukraine (AMCU) to acquire control over Agrol’s processing assets in Lviv Region as part ...

The Antimonopoly Committee of Ukraine (AMCU) has approved the acquisition by agricultural holding MHP, founded by Ukrainian entrepreneur Yuriy Kosiuk, of control over LLC Agrol Plus, a poultry meat producer in Lviv Region. The regulator’s decision clears the way for completion of the transaction involving the company’s processing assets.

“Permission has been granted for a concentration in the form of PrJSC MHP acquiring control over LLC Agrol Plus,” the AMCU press service said.

MHP’s plans to acquire part of Agrol’s assets became known in January 2026. At the time, Forbes Ukraine reported that the parties were discussing a transaction valued at no less than $5 million. The deal concerns the acquisition of a poultry slaughtering and processing facility rather than the entire business.

MHP previously emphasized that the transaction does not involve a full takeover of Agrol. The plan was to carve out the company’s processing assets and acquire them through a stake in a legal entity controlled by Agrol. Poultry houses and poultry growing facilities are not included in the transaction.

According to YouControl, Agrol is owned by Yuliia Shopska. The company has operated since 2000 and owns two poultry farms in Lviv Region. Their combined production capacity exceeds 3.5 million birds per year.

For MHP, the acquisition of processing capacity provides an opportunity to strengthen its production infrastructure in one of Ukraine’s key agricultural regions. The company is the country’s largest poultry producer and is developing an international agri-food and technology business.

MHP operates approximately 350,000 hectares of agricultural land across 12 regions of Ukraine, has production assets in Ukraine and Southeastern Europe, and exports its products to more than 80 countries worldwide. The group’s portfolio includes more than 15 food brands.

MHP is also developing its retail business through partner formats including Miasomarket and Döner Market, expanding the company’s presence in the ready-to-eat food and broader food retail segments.

At the same time, MHP’s financial results in 2026 indicate significant revenue growth alongside declining profitability. In the first half of the year, the group’s revenue increased by 31% to $1.022 billion. However, the company recorded a net loss of $85 million, compared with a net profit of $32 million in the same period of 2025.

MHP’s operating profit fell by 68% to $19 million, while its operating margin declined from 8% to 2%. Adjusted EBITDA excluding IFRS 16 decreased by 29% to $79 million, with the margin falling from 14% to 8%.

Thus, the AMCU approval allows MHP to move forward with the Agrol transaction amid the continued consolidation of production and processing assets in Ukraine’s agribusiness sector. Based on the previously indicated value of at least $5 million, the deal represents a targeted investment by MHP aimed at expanding and optimizing its production infrastructure.

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