REG - MHP SE - MHP signs Share Purchase Agreement with UVESA

MHP SEAnnouncement

21/03/2025 07:00

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RNS Number : 6493B  MHP SE  21 March 2025

21 March 2025, Kyiv, Ukraine

MHP SE

 

MHP signs Share Purchase Agreement with 41% of UVESA shareholders

 

MHP SE (LSE: MHPC) ("MHP" or "the Group"), a leading international food and
agri company, is announcing today that it has signed yesterday, 20 March, a
Share Purchase Agreement (SPA) with shareholders representing over 41% of the
share capital of UVESA, one of Spain's leading poultry production companies.

 

This agreement marks a significant milestone in MHP's strategic expansion into
the Spanish market, reinforcing its long-term vision to strengthen its
presence in the European poultry sector.

 

Under the terms of the SPA, MHP will acquire shares at a fixed price of EUR
225 per share, with an additional contingent consideration of up to EUR 21.43
per share, subject to certain post-closing conditions. The agreement also
allows other UVESA shareholders to join the SPA within one month of signing,
offering them the opportunity to participate under the same terms.

 

Dr. John Rich, Executive Chairman of the MHP Board of Directors, shared his
thoughts on the new agreement: "For MHP, expanding in Europe is about building
strong partnerships, driving innovation, and creating a lasting impact. UVESA,
with its solid reputation and deep roots in Spain, is a natural fit for MHP's
vision of sustainable growth and contribution to the country's economic
development. MHP brings its expertise, operational excellence, and advanced
technology to support UVESA's growth, enabling it to scale and expand into new
markets across Europe and the Middle East. At the core of this partnership are
people. The 3,000+ employees who define UVESA today will continue to be at the
heart of the company. We remain committed to job stability and generating
economic value for the region."

 

Antonio Sánchez, President of UVESA, expressed his vision for the future:
"Partnership with MHP signifies a new and significant chapter for UVESA. This
partnership aims to strengthen our foundations, unlock new opportunities, and
expand our reach. With MHP's extensive expertise in innovation and superior
operations, we are prepared to grow sustainably while remaining true to our
local roots. Most importantly, we will continue to provide high-quality
products to the communities and regions we proudly serve."

 

The purchase price will be paid in cash upon closing.

 

Completion of the transaction remains subject to regulatory approvals,
including merger control clearances, as well as foreign subsidies clearance by
the European Commission.

 

As previously disclosed, MHP secured formal approval from the Government of
Spain on March 4, 2025, for its strategic investment in UVESA and its
affiliated companies, further cementing its position as a reliable and
responsible investor in the European agri-food sector.

 

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 the Balkans, 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.

 

 

For enquiries, please contact:

Anastasia Sobotiuk
+38 050 339 29 99

 
                   +357 99 76 71 26

a.sobotyuk@mhp.com.ua (mailto:a.sobotyuk@mhp.com.ua)

 

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