KYIV, UKRAINE — MHP SE, a Ukraine-based poultry processor, announced on Dec. 11 an offer to acquire Spanish poultry and pork processor UVESA Group.

MPH’s offer requires a minimum acceptance threshold from UVESA’s shareholders of 50.01%.

The transaction marks a strategic move from MHP to secure a position as an important player in the global food industry, extending its presence into Spain.

“The group is thrilled to have an opportunity to contribute to Spain’s agricultural and food sectors, utilizing its significant expertise and advanced production capabilities,” MHP said in its announcement of the deal. “Together we will help meet growing demand for high-quality, affordable poultry products and food solutions in the world.”

Through its stringent commitment to animal welfare and quality standards, MPH seeks to complement Spain’s existing poultry industry. MHP said its presence in Spain would create new jobs and provide valuable opportunities for collaboration with local farmers and businesses as well as strengthen the wider poultry supply chain.

MHP not only has a significant operating footprint in Ukraine, it has production facilities in Southeast Europe, where it operates its fully owned subsidiary Perutnina Ptuj. Other MHP operations include a cutting facility in the Netherlands, a joint venture in Saudi Arabia and sales and distribution offices in MENA (UAE, Saudi Arabia) and the United Kingdom.

MHP Ukraine exports up to 60% of its total poultry products to over 60 countries across the world.

In September, MHP announced that the Saudi Agricultural and Livestock Investment Co. (SALIC) acquired a minority stake (12.6%) in the company with more than 13.5 million shares.