MHP acquires UVESA and enters the Spanish market
4 August 2025 13:37
Ukrainian agricultural giant Myronivsky Hliboproduct (MHP) has officially entered the Spanish market. The company has completed the acquisition of more than 92% of the authorized capital of the Spanish Grupo UVESA, one of the leading poultry and pork producers in Spain. The deal, signed in March 2025, was closed on August 4 after receiving all necessary regulatory approvals. This was reported to "Komersant Ukrainian" by the company.
Strategic entry into the Spanish market
The acquisition of UVESA means a large-scale entry of the Ukrainian agricultural giant into the Western European market through one of the most developed countries on the continent. UVESA Group has been operating in Spain for over 60 years and has a fully vertically integrated poultry and feed production structure.
“We have finalized the transaction and are now moving to the integration phase of UVESA. Drawing on our international experience, we aim to unlock the company’s potential and create new growth opportunities,”
– commented Yuriy Kosyuk, Founder and CEO of MHP.
Expanding the geography of presence
With this acquisition, MHP significantly expands its geographical presence in Europe. While previously the company had production facilities in Ukraine and Southeast Europe, it now has access to the developed Spanish market and opportunities for further expansion in Western Europe.
The company plans to explore new export opportunities and expand its presence in Europe and the Middle East. The integration process will focus on aligning operational processes, sharing expertise and investing in efficiency and innovation.
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Development prospects
“This partnership opens a new and important stage for UVESA. It will be a powerful impetus for our growth thanks to MHP’s extensive experience in business efficiency and innovation,”
– said UVESA President Antonio Sanchez.
The transaction was approved by the antitrust authorities of Ukraine, Spain, Saudi Arabia, Serbia, Montenegro, Kosovo, as well as the European Commission’s merger clearance and foreign subsidies clearance.
MHP: background
“Myronivsky Hliboproduct (MHP) is an international Ukrainian food and agro-technology company founded by businessman Yuriy Kosyuk. The agricultural holding employs over 36 thousand people in Ukraine and abroad and has a land bank of 360 thousand hectares in 12 regions of Ukraine.
The company is a leader in chicken production in Europe and is among the top 10 global chicken producers according to WattPoultry. MHP exports its products to more than 70 countries and has production facilities in Ukraine and South-Eastern Europe. The company is listed on the London Stock Exchange.
The agricultural holding develops more than 15 food brands and, together with partners, operates Myasomarket and Döner Market chains. According to Forbes, the company is among the top 20 best employers in Ukraine and is one of the country’s largest investors.
UVESA: background
Grupo UVESA is one of the largest food companies in Spain, specializing in the production of poultry, pork and feed for over 60 years. The company is headed by President Antonio Sanchez.
UVESA operates on a vertically integrated model, which ensures control at all stages of production and guarantees high quality products. The Spanish company operates modern facilities equipped with advanced automation technologies and strict process control systems.
Due to its high quality standards, UVESA has received prestigious international certifications in the field of food safety. The company’s feed mills use state-of-the-art technology to produce nutritious feed that promotes healthy animal growth.
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