The international agroholding MHP, which has Ukrainian origins, continues its active expansion in the global market by investing in various agricultural and food companies. By the end of 2024, the company made several acquisitions in Europe, the UK, and Saudi Arabia, totaling over 40 million dollars.
This is reported by Business • Media
Key Investments of MHP in 2024
One of the key acquisitions was the 100% purchase of the Croatian company Toni d.o.o., which cost the agroholding 14.3 million dollars. This decision aims to strengthen the grain supply chains for the markets of Slovenia and Croatia, which is an important step for stabilizing and developing the company’s logistics capabilities.
Additionally, MHP invested 3.9 million dollars in the British company KK & Sons Group Ltd, acquiring 70% of its shares. This will allow the group to expand its logistical potential both in Ukraine and abroad, enhancing the efficiency of its operations.
Investments in the Meat Industry and Poultry
Another important direction is the support of the meat processing enterprise Ukrainian Meat Hut. According to the agreement signed in April 2023, MHP gained control over this facility, which will contribute to the development of the meat industry in Ukraine.
In Saudi Arabia, the company invested 7.1 million dollars in MHP Desert Hills for Poultry Company. In June 2024, the registration of this poultry enterprise was completed. MHP owns 45% of the shares, while its subsidiary Tanmiah Food Company holds 55%. This is a crucial component of the company’s strategy to expand its presence in the meat production sector outside Ukraine.
Overall, MHP’s investment volume in 2024 increased to 333 million dollars, reflecting strong development dynamics and the company’s intentions to strengthen its position in the global agricultural market.