Announced
Synopsis
MHP, an international food group, agreed to acquire a 41% stake in UVESA Group, a Spanish food company with well-established poultry and pork operations. Financial terms were not disclosed. "For MHP, expanding in Europe is about building strong partnerships, driving innovation, and creating a lasting impact. UVESA, with its solid reputation and deep roots in Spain, is a natural fit for MHP's vision of sustainable growth and contribution to the country's economic development. MHP brings its expertise, operational excellence, and advanced technology to support UVESA's growth, enabling it to scale and expand into new markets across Europe and the Middle East. At the core of this partnership are people. The 3,000+ employees who define UVESA today will continue to be at the heart of the company. We remain committed to job stability and generating economic value for the region," John Rich, MHP Board of Directors Executive Chairman.
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