UBM targets 1 million-tonne feed capacity with Greece acquisition and Kazakhstan expansion

HUNGARY – UBM Group, Hungary’s leading feed manufacturer and one of the country’s largest feed raw material traders, is set to surpass 1 million tonnes of annual production capacity as it expands into Greece and advances a major premix investment in Kazakhstan.

The company announced that its Kazakhstan project reached a significant milestone at the end of May, after its local partner, KazFoodProducts Group, acquired a 30% stake in the venture by contributing a seven-hectare site to host a new premix manufacturing facility.

The project, being developed through a joint venture between UBM and AsiaAgroFood JSC, involves an investment of US$25 million and will establish what the company describes as Kazakhstan’s largest and most technologically advanced premix plant.

The facility is expected to have an annual production capacity of 48,000 tonnes.

Construction is scheduled to begin in the coming months, with production expected to commence within two years at the site located in Kazakhstan’s Almaty region.

Beyond the premix plant, UBM plans to further strengthen its presence in Central Asia by developing three feed mills, each with an annual production capacity of approximately 100,000 tonnes.

According to UBM Chief Executive Officer Péter Horváth, the project will go beyond manufacturing by incorporating a modern laboratory and training centre designed to support product development, drive innovation, and build technical capacity within the region.

“We are not merely building a factory, but creating an integrated centre of excellence where, in addition to manufacturing, a modern laboratory and a training centre will also operate,” Horváth said.

Greece acquisition strengthens regional footprint

At the same time, UBM is expanding its presence in Europe by acquiring a majority stake in the Greek feed producer EL.VI.Z. S.A., one of the country’s largest feed manufacturers.

Under a recently signed agreement, UBM will acquire 65% of EL.VI.Z., with plans to purchase the remaining 35% within the next three years.

The Greek company operates two feed mills in Northern Greece, near Plathy and Xanthi, with a combined annual production capacity of 250,000 tonnes.

Its portfolio includes poultry, swine, and ruminant feed products that serve livestock producers across the country.

Following the acquisition, UBM intends to implement technological upgrades and efficiency improvement programmes while developing products tailored to local market requirements.

The company also sees Greece as a strategic gateway to broader markets in Southeastern Europe, the Balkans, the Eastern Mediterranean and parts of the Middle East.

The acquisition is expected to lift UBM’s existing production capacity of approximately 780,000 tonnes beyond the 1 million-tonne mark, strengthening its position as a major player in the European feed industry.

Celebrating its 30th anniversary this year, UBM exports to more than 20 countries and generates roughly half of its revenue from international markets.

The company reported revenue of HUF 131.6 billion (US$374 million) and EBITDA of HUF 5.4 billion (US$15.3 million) during the first half of its 2025/26 business year.

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