Poultry. Credit: Tatjana Baibakova, Shutterstock.
Ukraine’s MHP, a leading global food group, has finalised the acquisition of over 92 per cent of Spanish poultry and pork giant Grupo UVESA, following regulatory approvals from six countries and the European Commission.
The deal, originally signed in March 2025, was completed after all sellers agreed to the terms, with a fixed share price of €225 and a possible extra €21.43 per share, backed by a bank guarantee. According to PR Newswire, MHP now holds operational control of UVESA, known for its vertically integrated production and high food safety standards.
“With the deal now finalised, we are moving into the integration phase,” said Dr. John Rich, Executive Chairman of MHP. “Our goal is to build on UVESA’s strengths, focusing on operational excellence and sustainable development.”
The integration plan includes streamlining operations, boosting efficiency, and exploring new export markets across Europe and the Middle East.
UVESA President Antonio Sánchez welcomed the partnership, stating it “marks a new and significant chapter for UVESA,” which will benefit from MHP’s “extensive experience in operational innovation.”
The acquisition positions MHP (already Europe’s largest poultry producer and among the top 10 globally) to expand its European presence. The group employs over 36,000 people and exports to more than 70 countries.
Grupo UVESA, with over 60 years in Spain’s food industry, remains a major supplier in poultry, pork, and feed production.
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