MHP Moves to Acquire Uvesa: A New Iberian Chapter
Deal News | Dec 16, 2024 | Iberian Lawyer
Ukrainian poultry giant MHP, a leading European poultry company, has submitted an offer to acquire Spanish company Uvesa for more than 200 million. MHP's acquisition of Uvesa, Spain’s second largest poultry firm, aims to enhance Uvesa's growth within Spain and expand its reach using MHP’s established market presence and operational capabilities. This potential union signifies the joining of forces between two major players in the poultry sector, promising to enhance production efficiencies and meet growing global demands for quality poultry products. Legal advice for the transaction was provided by the M&A team at Baker McKenzie, led by partners Enrique Carretero and Carlos Martn, alongside senior associate Elena Piquero.
Sectors
- Poultry Production and Processing
- Mergers and Acquisitions
- Legal Advisory Services
Geography
- Ukraine – MHP is headquartered in Ukraine and plays a central role in this acquisition activity.
- Spain – Uvesa, the target company, is based in Spain, where the acquisition activity is centered.
Industry
- Poultry Production and Processing – Both MHP and Uvesa operate in the poultry production industry, with MHP being a leader in the sector.
- Mergers and Acquisitions – The article discusses MHP's bid to acquire Uvesa, implicating strategic M&A activities.
- Legal Advisory Services – Baker McKenzie's role as legal advisor highlights the involvement of legal services in the M&A process.
Financials
- 200 million – The offer MHP made for acquiring Uvesa.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MHP | Bidding Company | Company | MHP is a Ukrainian company that is a European leader in the poultry industry. |
| Uvesa | Target Company | Company | Uvesa is based in Spain and is the second largest poultry producer in the country. |
| Baker McKenzie | Legal Advisor | Company | Baker McKenzie is a global law firm advising MHP on the acquisition. |
| Enrique Carretero | Legal Advisor | Person | Partner at Baker McKenzie, leading the legal team advising MHP. |
| Carlos Martn | Legal Advisor | Person | Partner at Baker McKenzie, involved in advising MHP. |
| Elena Piquero | Legal Advisor | Person | Senior associate at Baker McKenzie involved in the M&A advisory. |