The Netherlands

Hilton completed the acquisition of a 50% stake in Dalco Food

Mergers & Acquisitions

Hilton Foods has announced it has completed the purchase of a 50% shareholding in Dalco Food, a leading vegetarian product manufacturer based in Oss, the Netherlands.

Posted on Feb 11 ,13:17

Hilton completed the acquisition of a 50% stake in Dalco Food

Hilton also agreed to enter into a joint venture agreement with Dalco’s shareholders, which includes an option for the remaining 50% of Dalco’s
shares in 2024.

The company announced that following approval by the Dutch competition authority, it has completed the transaction on 31 January 2019.

This new acquisition allows Hilton to significantly expand its product offering in the fastgrowing vegetarian market.

"Hilton will provide its manufacturing expertise and capital resources to enable Dalco to expand its range into the next generation of vegetarian products servicing not only Dalco’s existing customers but also Hilton’s customer base," the company said in a statement.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

GERMANY

Vion strengthens demand-driven chain concept Good Farming Balance for the future

Ever since Vion introduced Good Farming Star in 2010, the company has been at the forefront of bu...


Read more Read more
DENMARK

Danish Crown becomes co-owner of promising climate technology

It may sound strange that a burning gas torch at a slurry tank can reduce the climate footprint o...


Read more Read more
GERMANY

Germany: Poultry meat and eggs are produced sustainably and are important for a balanced diet

The recommended amount of meat consumed does not correspond in any way to the national consumptio...


Read more Read more
Websolutions by Angular Software and SpiderClass