As part of its plan to diversify its business, MHP has started to produce beef.

The company purchased the beef producer, Lubnymyaso for $1.84 mln. Located in Lubny in the Poltava region, the company produces and sells beef under the Scott Meat brand. “The move into beef production is part of a program to transform MHP into a culinary company with a focus on value-added products”, said MHP’s Financial Director (Interfax).