Kosyuk’s MHP finalizes takeover of Spanish meat producer Uvesa

Ukrainian agricultural holding MHP has successfully acquired over 92% of shares in Grupo Uvesa, one of Spain’s leading poultry and pork producers, the company’s press service reported on Monday.

The deal was finalized after obtaining all required approvals from regulatory authorities in Ukraine, Spain, Saudi Arabia, Serbia, Montenegro, Kosovo, and the European Commission.

"We have completed the acquisition and are now entering the integration phase," said Yuriy Kosyuk, founder of MHP.

The integration process will include the harmonization of operations, knowledge sharing, and investments in efficiency and innovation.

The companies plan to explore new export opportunities and expand their footprint in Europe and the Middle East.

Grupo Uvesa President Antonio Sánchez said that selling the company to a Ukrainian agricultural group will be a strong driver of future growth.

MHP, which now positions itself as a food and agri-tech company, operates production facilities in Ukraine and Southeast Europe, exporting to over 80 countries. The company employs more than 36,000 people and manages a land bank of 360,000 hectares across 12 Ukrainian regions.

MHP develops over 15 food brands, operates the Myasomarket retail chain and Döner Market outlets, and runs its own culinary center.

• In 2024, MHP topped the list of Europe’s largest poultry producers.