Grupo UVESA Acquired by MHP in a Major European Deal
Deal News | Aug 04, 2025 | PR Newswire Cision MHP
MHP, the leading international food and agriculture company based in Ukraine, has completed the acquisition of over 92% of Grupo UVESA, a significant Spanish producer in poultry and pork sectors. The transaction, which was initially agreed upon in March 2025, received the necessary regulatory approvals across several countries and from the European Commission. This acquisition, settled in cash, includes a fixed price of EUR 225 per share and a contingent consideration component. MHP now controls UVESA's core operations and is focused on integrating the company to align operations and enhance its market footprint across Europe and the Middle East. MHP's acquisition strategy is part of its broader vision of promoting sustainable innovation and expanding export capabilities. The executive teams of both companies are optimistic about the synergies to be achieved, with commitments to operational excellence and talent investment.
Sectors
- Food and Agriculture
- Private Equity and Mergers & Acquisitions
Geography
- Ukraine – MHP, the acquiring company, is a leading international food and agri company headquartered in Ukraine.
- Spain – Grupo UVESA, the acquired company, is a major Spanish producer in the poultry and pork industries.
- Europe – The acquisition is significant for MHP's strategic expansion in Europe, particularly with aims to enhance its footprint in European markets.
Industry
- Food and Agriculture – The article discusses MHP and Grupo UVESA, both of which are leading companies in the food and agriculture sector, focusing on poultry and pork production.
- Private Equity and Mergers & Acquisitions – The article details MHP's strategic acquisition of Grupo UVESA, illustrating a significant transaction in the private equity and M&A space.
Financials
- EUR 225 per share – Fixed purchase price per share for Grupo UVESA shares in the acquisition.
- EUR 21.43 per share – Contingent consideration backed by a bank guarantee.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MHP | Acquiring Company | Company | MHP is a leading international food and agri company with operations across Ukraine and Europe, specializing in poultry production. |
| Grupo UVESA | Target Company | Company | Grupo UVESA is a prominent Spanish food company focusing on poultry and pork production. |
| Dr. John Rich | Executive Chairman of the MHP Board of Directors | Person | Dr. Rich provides leadership in MHP's strategic initiatives, including the acquisition of Grupo UVESA. |
| Antonio Sánchez | President of UVESA | Person | Antonio Sánchez leads UVESA and speaks to the new opportunities arising from this acquisition. |
| European Commission | Regulatory Body | Government | Provided merger control and foreign subsidies approval for MHP's acquisition of Grupo UVESA. |