Business
Hilton Food Group 
The acquisition diversifies the proteins supplied by Hilton in the UK as pork and poultry represent a significant proportion of HFR’s output.
UNITED KINGDOM, Huntingdon. Hilton Food Group plc announces that Hilton Foods Limited has agreed to acquire the entire issued share capital of HFR Food Solutions Limited, a sous vide manufacturer based in Wednesbury, West Midlands, UK.
Hilton Food Group plc is Europe’s leading specialist international food packing company supplying major retailers including Tesco, Ahold, Coop Danmark, ICA and Sonae in Europe and Woolworths in Australia. Hilton had sales of £1.4 bn. in the 52 weeks to 31 December 2017, and £864 mill. in the 28 weeks to 15 July 2018. Hilton employs around 4,300 people across its sites.
HFR has operated the Wednesbury site in collaboration with another food manufacturer since 2014. In the year to 30th September 2018, the business generated turnover of £24 mill. manufacturing sous vide products for major retail, wholesale and food service customers in the UK.
This acquisition enables Hilton to enter the fast-growing sous vide market and leverage its expertise in procurement and manufacturing of meat products in a new segment with major retailers and food service customers. The acquisition also diversifies the proteins supplied by Hilton in the UK as pork and poultry represent a significant proportion of HFR’s output.
Source: Hilton Food Group