In 2025, the mergers and acquisitions market in Ukraine demonstrated steady growth, indicating a recovery from the downturn of 2022. Experts recorded 63 deals with disclosed values exceeding $5 million each, surpassing last year’s figures by more than 20%. The total disclosed deal value reached $1.2 billion, representing an increase of over 17% compared to 2024.
This is reported by Business • Media
Leaders in the Mergers and Acquisitions Market in 2025
The largest M&A deal of the year was made by the agricultural holding MHP, which acquired 92% of the shares of the Spanish company Uvesa, one of the leading producers of poultry and pork, for $300 million. In second place was the mobile operator Kyivstar, which invested $155 million to acquire 97% of the shares of the Ukrainian ride-hailing and delivery service Uklon.
“In third place, the acquisition by the international company Bunge of 85% of the shares of the Vinnytsia Oil and Fat Plant for $138 million ranks third in the list.”
Commercial Real Estate and Other Significant Deals
The fourth largest deal involved City Capital Group purchasing the full package of shares of two key commercial real estate properties in Kyiv – the Leonardo Business Center and the Ukraina Trade and Entertainment Center – for $70 million. Fifth place went to Citadel Ventures Cyprus Limited’s investment in a stake in the International Exhibition Center in the capital, valued at $60 million.
These deals demonstrate a confident increase in activity in Ukraine’s mergers and acquisitions market. At the same time, the positive dynamics indicate a growing attractiveness of Ukrainian assets for both domestic and international investors despite challenging economic conditions.