MHP closes acquisition of 92% stake in Spanish Grupo UVESA

MHP SE, the parent company of a leading international food and agri company, has officially closed the transaction to acquire over 92% of the share capital of Grupo UVESA, one of Spain's major vertically integrated producers in poultry and pork.

The closing of the transaction became possible following the completion of the accession period to the Share Purchase Agreement (SPA), signed in March 2025, and after obtaining all required regulatory approvals. In particular, MHP received clearances from the antitrust authorities of Ukraine, Spain, Saudi Arabia, Serbia, Montenegro, and Kosovo, as well as merger control and foreign subsidies approval from the European Commission.

Following this, the transaction was officially completed. The company became the owner of over 92% of UVESA's shares, having settled with all sellers. MHP now controls the company's core processes and operational activities.

"With the deal now finalized, we are moving into the integration phase. Our goal is to build on UVESA's strengths, focusing on operational excellence and sustainable development. We are also deeply committed to investing in our team by creating an environment where talent can thrive and innovation becomes part of everyday work. Backed by MHP's international experience and expertise, we are confident in our ability to unlock new opportunities and drive long-term value," said Dr. John Rich, Executive Chairman of the MHP Board of Directors.

The integration process will prioritize operational alignment, knowledge exchange, and targeted investments in efficiency and product innovation. Together, the companies will also explore opportunities to strengthen export capabilities and expand their footprint across European and Middle Eastern markets.

"The partnership with MHP marks a new and significant chapter for UVESA, which will be able to boost its growth thanks to MHP's extensive experience in operational innovation, and continue to consolidate its excellence with the sustainable production of high-quality food and ensure total food security," added Antonio Sánchez, President of UVESA.

The transaction was settled in cash at closing, in accordance with the terms of the SPA — a fixed purchase price of EUR 225 per share and a contingent consideration of up to EUR 21.43 per share, backed by a first-demand bank guarantee.