REG - MHP SE - MHP acquires 91.77% of UVESA

MHP SEAnnouncement

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RNS Number : 3989G  MHP SE  28 April 2025

 

MHP acquires 91.77% of UVESA

 

Kyiv / Madrid, 28 April 2025 - MHP, a leading international food and agri
company, announces the successful conclusion of the adherence period related
to its Share Purchase Agreement (SPA) with shareholders of Grupo UVESA, one of
Spain's leading poultry producers.

 

Since the signing of the SPA on 20 March 2025 with shareholders representing
41% of UVESA's share capital, MHP has signed additional adherence deeds with
other shareholders allowing MHP to acquire a total of 91.77% of UVESA's share
capital.

 

Dr. John Rich, Executive Chairman of the MHP Board of Directors, commented:

"This important milestone paves the way for MHP to deepen its strategic
alignment with UVESA following the completion of the transaction. MHP sees
this strategic investment as a pivotal step in strengthening our footprint in
the European poultry sector. Our partnership with UVESA unlocks new potential
for sustainable growth, and expanded market access across new markets in
Europe and the Middle East. Together, we are building a robust alliance -
driven by innovation, rooted in shared values, and committed to long-term job
security for our teams."

Completion remains subject to the same conditions previously disclosed,
including merger control clearances as well as foreign subsidies clearance by
the European Commission.

The SPA terms, including the fixed purchase price of EUR 225 per share and a
contingent consideration of up to EUR 21.43 per share, remain unchanged. The
transaction will be settled in cash at closing, supported by a first-demand
bank guarantee.

 

Antonio Sánchez, President of UVESA, added:

"Together with MHP, we are entering a new phase focused on building a strong
and sustainable future. We remain committed to quality, people, and long-term
impact. Our people have always been, are, and will remain at the heart of
everything we do. As we move forward, we stay true to our shared values and
strive to make a positive impact on both our employees and the communities we
serve."

 

 

About MHP 

MHP is a publicly listed (London Stock Exchange) international food and agri
company, producing high-quality healthy food products that enhance consumers'
lives. The company operates in agriculture, food production, and retail, with
manufacturing facilities in Ukraine and South-Eastern Europe, as well as
subsidiaries in the Netherlands, the United Kingdom, the UAE, Saudi Arabia,
and other EU countries. 

 

MHP employs over 36,000 people in Ukraine and abroad and is ranked among the
top 10 employers in Ukraine, according to Forbes Ukraine. The company exports
its products to more than 80 countries worldwide and manages a land bank of
360,000 hectares across 12 regions in Ukraine. 

 

During the full-scale war, MHP sees its mission as supporting the economy and
food security of Ukraine. The company is the largest taxpayer in the
agricultural sector and is also one of the top 5 largest investors in the
country. 

 

As a culinary company, MHP develops over 15 product brands, including Qualiko,
Sultanah, Аssilah, Nasha Ryaba, Apetytna, Lehko!, Bashchynskyi, Skott Smeat,
RyabChick, and others. 

To ensure that Ukrainians always have access to high-quality and delicious
food, the company, together with its partners, develops several retail chains:
MeatMarket stores, Fresh Food, Nasha Ryaba and Döner Market restaurants,
which offer tasty and safe fast food. 

 

MHP in Ukraine, in collaboration with its strategic partner, the Charitable
Foundation MHP - GROMADI, is actively engaged in community development
enhancing community livability , while also supporting those in greatest
need. 

 

MHP in Ukraine is fostering the MHP Standing Together program, which provides
personalized assistance and comprehensive support to military personnel,
veterans, their families, and those awaiting the return of their loved ones
from the frontlines. 

 

The founder and CEO of MHP is Ukrainian businessman Yuriy Kosyuk. 

 

About Grupo UVESA

 

Grupo UVESA stands as a prominent leader in Spain's food industry, with over
60 years of dedication to excellence in the poultry, and feed sectors. The
company's vertically integrated model ensures meticulous oversight across all
production stages, reinforcing its commitment to quality and food safety.

 

Poultry business

As one of Spain's foremost chicken producers, UVESA operates state-of-the-art
facilities equipped with advanced automation and stringent process controls.
This has earned the company international certifications in quality and food
safety.

 

Pork Sector

Pork production and genetics, serving as a major supplier to the country's
leading meat companies.

 

Feed area

The company's feed manufacturing centers utilize cutting-edge technologies to
produce nutrient-rich feed, ensuring the healthy and balanced growth of
livestock.

 

Throughout its history, UVESA has experienced significant growth, driven by
the dedication of its workforce and the trust of its stakeholders. The company
remains committed to innovation and excellence, solidifying its position as a
trusted name in the agri-food sector.

 

 

 

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