Hilton Food Group PLC Strategic partnership with Country Foods Pte Ltd (2379K)

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RNS Number : 2379K

Hilton Food Group PLC

20 December 2022

20th December 2022

Hilton Food Group plc

Hilton Foods enters South East Asia through strategic partnership with Country Foods Pte Ltd

Hilton Food Group plc ("Hilton Foods" or the "Group"), the leading international multi-protein food business, is pleased to announce the formation of a long-term strategic collaboration in Singapore with Country Foods Pte Ltd. ("CF" or "Country Foods").

Country Foods, a wholly owned subsidiary of SATS, Asia's leading provider of food solutions and gateway services, is one of Singapore's largest food importers, distributors and manufacturers. This collaboration between Hilton Foods and Country Foods, which begins in Q1 2023, will provide Singaporeans the opportunity to purchase high quality, good value protein products produced from Hilton's global manufacturing sites, including: seafood, slow cooked meats and Australian beef, lamb and pork products.

The collaboration will also see Hilton Services, a division of Hilton Food Group, provide proprietary technology products and support from their world class model of sustainable, highly automated manufacturing and logistics practices. This collaboration will help Country Foods increase its product traceability efforts, execute sustainable packaging solutions, and improve efficiency.

For Hilton Foods, the partnership provides access to established channels and countries already supplied by Country Foods, expanding Hilton's global reach to more consumers. The strategic collaboration between the two businesses will deliver new levels of manufacturing and product excellence in Country Foods' existing sites coupled with ongoing joint exploration for future new manufacturing opportunities.

Phillip Heffer, Hilton Foods Group CEO, commented:

"This long-term, strategic collaboration with Country Foods is another step forward in our plan to grow our global footprint and diversify our business across Asia and internationally.

"With our extensive range of red meat, seafood, sous vide, vegan and vegetarian products, we are well placed to cater for the growing demand for high quality, affordable protein products in Singapore and beyond.

"We are looking forward to providing Country Foods with the technology, service and range of quality products which Hilton Foods is known for, drawing on our scale, experience and supply chain expertise."

For further information please contact:

 
Hilton Food Group plc                   Tel: +44 (0) 1480 387214 
Philip Heffer, Chief Executive Officer 
 Matt Osborne, Chief Financial Officer 
 
Headland Consultancy                    Tel: +44 (0) 20 3805 4822 
Edward Young 
Will Smith 
Joanna Clark

Notes

About Hilton Foods

Hilton Food Group plc is a leading international multi-protein producer, serving customers and retail partners across the world with high quality meat, seafood, vegan and vegetarian foods and meals. We are a business of over 6,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America. For almost thirty years, our business has been built on dedicated partnerships with our customers and suppliers, many forged over several decades, and together we target long-term, sustainable growth and shared value. We supply our customers with high quality, traceable, and assured food products, with high standards of technical excellence and expertise.

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December 20, 2022 02:00 ET (07:00 GMT)

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