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
