MHP concluded the deal on acquisition of Russian holding

According to the official statement released by Ukrainian holding, MHP completed acquisition of Russian Voroneg Agro Holding. MHP acquired 100% of the stock of Russian grain company. Company has not given official comment regarding the acquisition value, however several sources stated that the deal was worth USD 100 million.

MHP’s land bank has increased by 40 thousand hectares, with 200 thousand square meters of storage added and agricultural machinery available for use.

UkrAgroConsult comment: Holding is looking to diversify its activities and mitigate risks by having different revenue sources, Russia being a large potential market for the company.


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