Based in Slovenia, Perutnina Ptuj focuses on meat products, particularly chicken, turkey and pork.
In a statement, it said: "MHP is undertaking a strategic step with this expansion, which will add value to the company and strengthen its position as a global player, while Perutnina Ptuj is obtaining a strategic long-term investor. Perutnina Ptuj has a strong brand and significant share of poultry value-added products, which MHP is ready to support over the coming years through investment and further development.
"Together with a highly experienced management team, MHP commits itself to improving the quality of the Perutnina Ptuj’s production base to meet the highest EU standards. This cooperation will bring direct benefits to local farmers and employees as well as have a positive impact on the poultry industry in the Balkan’s region in general."
MHP is a producer of poultry products in Ukraine. It owns and operates each of the key stages of chicken production processes, from feed grains and fodder production to egg hatching and grow out, to processing, marketing, distribution and sales, including through its franchise outlets.
It has cutting facilities in the EU (the Netherlands and Slovakia) and a sales and distribution office in MENA (UAE).
The business sells around 60% of its poultry products domestically and around 40% to more than 60 countries across the world.