Ukraine’s major chicken meat producer PJSC Myronivsky Hliboproduct (MHP) has signed an agreement to buy 90.68% of the issued share capital of a Slovenian poultry producer, Perutnina Ptuj (PP).
“MHP SE, a leading international agro-industrial group, following the announcement of its intention to acquire Perutnina Ptuj D.D. on September 26, announces that MHP has signed an agreement for the acquisition of 90.68% of the issued share capital of Perutnina, a well-established and vertically integrated company in Southeast Europe, including, Slovenia,” reads a statement by MHP published on the London Stock Exchange’s website.
As reported, the pending transaction is subject to customary closing conditions, including antitrust clearance being obtained.
Thus, MHP is undertaking a major strategic step with the acquisition of Perutnina, which will add value to the company and strengthen its position as a global player.
MHP plans to increase sales of existing brands and products of Perutnina Ptuj in the Balkans and in Western Europe. (UNIAN/Business World Magazine)
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