Australian JV with Woolworths paying off for UK’s Hilton group

UK-based further-processor Hilton Food Group says its joint venture with Woolworths in Australia is beginning to pay dividends, contributing to a strong financial performance in its last quarter. The UK-based meat company has gradually moved to expand out of its UK/Northern Europe home territory, into the Asia-Pacific region and other parts of Europe. Three years ago Hilton entered into a joint venture with Woolworths Supermarkets in Australia to form Woolworths Food Group, establishing large centralised packaging and further-processing facilities at Perth, WA (V&V Walsh) followed by a second $150 million facility near Melbourne. Speculation continues that an additional facility will…

Source: Beef Central
Australian JV with Woolworths paying off for UK’s Hilton group