Ukraine’s MHP buys majority stake in poultry producer Nitsiakos

MHP has agreed to get a bulk involvement successful Greek poultry shaper Nitsiakos successful a woody that could yet pb to afloat ownership.

In a banal speech filing, the Ukrainian nutrient radical said it volition bargain 70% of Nitsiakos successful 3 stages.

MHP expects to get the archetypal tranche is expected successful the archetypal 4th of adjacent year, the 2nd earlier December 2027 and the 3rd anterior to December 2028.

The UK-listed radical has besides granted the sellers a enactment enactment implicit the remaining 30% involvement of Nitsiakos. That enactment tin beryllium exercised betwixt 2030 and 2035.

Nitsiakos, founded successful the 1970s and headquartered successful Ioannina, is progressive successful poultry, carnal provender and favored food.

On its website, the radical describes itself arsenic Greece’s “largest” chickenhearted nutrient producer.

Its facilities see 2 poultry slaughterhouses with capableness of 41 cardinal chickens a year, a reddish nutrient processing portion and a slaughterhouse for turkeys and rabbits.

In 2025, Nitsiakos generated consolidated gross of astir €540m ($629m).

MHP said the magnitude payable astatine each signifier volition beryllium disclosed separately astatine the time.

The London-listed radical entered south-eastern Europe successful 2019 done the acquisition of Perutnina Ptuj. It bought Spain’s Uvesa Group past year.

In March, Uvesa announced a woody to get Spanish poultry institution Payán Hermanos.

Founded successful 1953, Payán Hermanos is based successful Maracena successful confederate Spain and sells poultry products successful its home market.

MHP, founded by main enforcement Yuriy Kosyuk, reported gross of $3.76bn successful 2025, up 23.6% year-on-year. Operating nett fell 8.9% to $376m, portion nett for the twelvemonth roseate 29.8% to $187m.

"Ukraine’s MHP buys bulk involvement successful poultry shaper Nitsiakos" was primitively created and published by Just Food, a GlobalData owned brand.

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