MHP, a leading agribusiness firm based in Ukraine, has successfully acquired over 92% of the share capital of Grupo UVESA, a major player in Spain’s poultry and pork production market.
Transaction Completion and Regulatory Approvals
The transaction was finalized following the completion of the Share Purchase Agreement (SPA) signed in March 2025, along with the necessary regulatory approvals from various antitrust authorities including Ukraine, Spain, Saudi Arabia, Serbia, Montenegro, and Kosovo. Additionally, MHP secured merger control and foreign subsidies approval from the European Commission.
With these approvals in place, MHP has officially taken control of UVESA’s core operations, now owning over 92% of the company’s shares after settling with all prior sellers.
Focus on Operational Excellence and Sustainable Development
Dr. John Rich, executive chairman of the MHP board of directors, emphasized the importance of this acquisition, stating, “Now that the deal is finalized, we are entering the integration phase. Our commitment is to leverage UVESA’s strengths by prioritizing operational excellence and sustainable growth. We also aim to foster an environment conducive to talent development and innovation.” He expressed confidence in MHP’s capabilities to unlock new opportunities and enhance long-term value.
The integration plan will emphasize aligning operations, sharing knowledge, and investing in efficiency and product innovation. The partnership is also expected to explore options for enhancing export capabilities, targeting greater reach in European and Middle Eastern markets.
A New Chapter for UVESA
Antonio Sánchez, president of UVESA, remarked on the significance of this partnership, stating, “The collaboration with MHP ushers in a transformative chapter for UVESA, allowing us to accelerate our growth through MHP’s rich experience in operational innovation while maintaining our commitment to sustainable production of high-quality food, thereby ensuring total food security.”
