Hilton Signs Fresh Food
Contract with Tesco Central
Europe
Hilton Food Group plc (“Hilton”), the soups; this requires an investment of OBE, said: “We have a long and
specialist retail meat packing business c.6m euros in plant and equipment, as successful history of working with
supplying major international food well as the construction of the factory Tesco, one of the world’s biggest
retailers in Europe and Australia, is itself for which we are planning a retailers. This agreement represents
pleased to announce it has signed sale and leaseback. It is expected an opportunity to enter a growing
a long term supply agreement with that production will begin in the first food segment of the market. We look
Tesco Central Europe (“Tesco”) to quarter of 2019. forward to seeing the positive effect
produce fresh food. This development Hilton and Tesco have also agreed our tried and tested business model
supports Hilton’s strategy of providing to sign a further five year long term will have on this relationship, which
key retail partners globally with a supply agreement for Hilton to will be supported by our flexible and
diversified food offer. continue servicing Tesco’s Central versatile approach to meeting local
The five year agreement will involve European stores with pre-packed requirements. We continue to look for
building a state of the art factory in meat. further opportunities for geographic
Poland, to produce items such as Commenting on the agreement, expansion.”
sandwiches, pizza, ready meals and Hilton Chief Executive Robert Watson
54 FDPP - www.fdpp.co.uk