Hilton Food Group PLC

M&A Activity • Aug 20, 2013

National Storage Mechanism | Additional information

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RNS Number : 0198M

Hilton Food Group PLC

20 August 2013

Hilton Food Group plc

Woolworths Meat Company Pty Ltd

Hilton Food Group plc ("Hilton") announces that Woolworths Limited is to proceed with plans to construct a new meat processing facility in Victoria, Australia.

The development is subject to government approvals and the negotiation and finalisation of construction and tenure agreements. It is proposed that Hilton's joint venture company in Australia, Woolworths Meat Co. Pty Ltd ("Woolworths Meat Co.") operates and manages the new facility, with a current target for the commencement of production of 2015.

Woolworths Meat Co. is 50 per cent owned by a Hilton subsidiary, Hilton Foods Asia Pacific Limited, and 50 per cent owned by Woolworths Limited, Australia's largest retailer.

Enquiries:

Hilton Food Group plc                                   Tel: +44 (0)1480 387214

Robert Watson OBE, Chief Executive

Nigel Majewski, Finance Director

Citigate Dewe Rogerson                               Tel: +44 (0)207 282 2889

Tom Baldock

Clare Simonds

This information is provided by RNS

The company news service from the London Stock Exchange

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