Hilton Food Group takes over meat plants in Australia

By Michelle Perrett

- Last updated on GMT

Hilton expands in Australia
Hilton Food Group has revealed that it has taken over operational control of two meat plants in Australia following a restructuring of a joint venture with Woolworths.

In Australia, the group operates the venture with the supermarket chain, under which it earns a 50% share of the agreed service fees. This is charged by the joint venture company based on the volume of retail packed meat delivered to Woolworths’ stores produced by its plants in Bunbury, Western Australia and Truganina, Victoria.

Hilton said its relationship with Woolworths had progressed into a “new phase”​ with the restructuring of the joint venture.

It took full operational control of the Bunbury and Truganina plants under 15-year supply agreements. All employees have transferred to Hilton and it will acquire the plant assets following a two-year transitional period.

The company said it had commissioned a mince production line from a satellite facility in Brisbane, Queensland during the period.

Hilton Food Group revealed that it would continue to construct a new facility in Brisbane “where work is very well advanced”​ and it was also designing a new facility in New Zealand.

Profit, including service fee income and turnover after deducting operating costs during the period, was £1.8m (2017: £1.7m).

The news was revealed after Hilton Food Group unveiled strong trading following its purchase of fish supplier Seachill in November 2017.

Its interim results for the 28 weeks to 15 July 2018 revealed that turnover was up 25% to £863.6m (2017: £690.7m) and operating profit was £22.3m (2017: £18.8m).

The company said the results were boosted by the Seachill acquisition after absorbing higher central costs and set-up costs in Australia.

Executive chairman Robert Watson said: “We have further extended our geographical reach in Australia, where we commenced production and took operational control of two existing facilities whilst constructing a further facility and designing a new facility in New Zealand, which further extends our geographical reach.

“We remain committed to growing our business through innovation and product development, as well as continuing to explore opportunities to expand the business both at home and abroad.”

Related news

Show more

Related products

From trust grows success

From trust grows success

K+G Wetter | 09-Oct-2017 | Data Sheet

The award winning company Wünsch’s Fleischspezialitäten sets new quality standards for meat products – using machines made by K+G Wetter.

Related suppliers


Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.