Greek poultry producer Nitsiakos agrees investment deal with MHP (original) (raw)

Greek poultry producer Nitsiakos announced Saturday that it has signed an investment agreement with MHP SE, Europe’s largest poultry producer, under which the Ukrainian food group will gradually acquire a 70% stake in the company.

The transaction will be completed in three phases over the coming years, subject to regulatory approvals, with MHP retaining the option to increase its holding to 100% at a later stage.

Nitsiakos said the partnership will strengthen production capacity, support new product development and expand its international footprint, while maintaining its production and management base in northwestern Greece.