poultry. Credit: Tatjana Baibakova, Shutterstock.
Ukrainian MHP, a leading global food group, has confirmed the acquisition of more than 92% of Spanish poultry and pork giant Grupo Uvesa, with regulatory approval from six countries and the European Commission.
The agreement, originally signed in March 2025, was completed after all sellers agreed to a term of office. The fixed share price supported by the bank guarantee was likely at 225 euros, and 21.43 euros per share. According to PR NewswireMHP currently holds operational controls for UVESA, known for its vertically integrated production and high food safety standards.
Dr. John Rich, Executive Chairman of MHP, said: “Our goal is to focus on operational excellence and sustainable development, based on UVESA’s strengths.”
The integration plan includes streamlining, improving efficiency and researching new export markets in Europe and the Middle East.
Hubesa’s president, Antonio Sanchez, welcomed the partnership and said it was “marking a new and important chapter in Hubesa.”
The acquisition has expanded its European presence with MHP (already among the top 10 in Europe’s largest poultry producers and the world). The group employs more than 36,000 people and exports to more than 70 countries.
Over 60 years in the Spanish food industry, Grupo Uvesa is a leading supplier of poultry, pork and feed production.
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