MHP’s European segment revenue jumps more than 1.5x, driven in part by Spanish acquisition

MHP’s European segment revenue increased by more than 1.5 times in 2025, supported in part by the consolidation of Spain’s UVESA Group. The figure reached $1.01 billion, compared to $575 million a year earlier (+76%).

Growth was driven by higher sales volumes and prices for poultry and processed products, as well as the contribution from the UVESA acquisition. At the same time, gross profit rose by 24% to $180 million.

The company noted that international expansion remains a key strategic priority, and the acquisition of UVESA marked an important step in strengthening its position in the European market and advancing toward becoming a global food company. Going forward, MHP plans to scale up the acquired business, improve efficiency, and expand its presence in new markets.

Following the deal, UVESA produced 84.1 thousand tons of poultry meat and 29 thousand tons of pork over five months, while sales totalled 121 thousand tons and 30 thousand tons respectively. The company’s revenue for the period reached $318 million, with adjusted EBITDA (excluding IFRS 16) at $15 million.

MHP completed the acquisition of more than 92% of Grupo UVESA’s share capital in August 2025.