Baker McKenzie advises the Ukrainian group MHP in the bid for Uvesa
Baker McKenzie has advised MHP in the offer for the acquisition of 100% of the share capital of the Spanish company Uvesa, the second largest poultry producer in Spain, for a value of more than €200m.
The offer of MHP, European leader in the poultry sector, will allow to boost the growth of Grupo UVESA in Spain, being part of a reference company in the sector, with headquarters in Ukraine and presence in numerous markets (Slovenia, Croatia, Albania, or Saudi Arabia) and a proven commercial, productive and financial security.
In fact, if carried out, it would mean the union of the European poultry leader with the second company in the sector in Spain, which would generate important synergies not only in a market, the Spanish one, with growth potential both in production and consumption, but also in the international one, by contributing to respond to the growing world demand for poultry products and food solutions of high quality and affordable prices.
The firm’s advice to MHP has been led by Enrique Carretero (partner), Carlos Martín (partner) and Elena Piquero (senior associate) of thecorporate M&A area.
