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Hilton Food explores “strategic options” outside meat
['Simon Harvey']
Just Food
Credit: T. Schneider / Shutterstock.comHilton Food is assessing the “strategic options” that might be available to the UK-based private-label protein supplier outside of its core meat business.
That assessment is part of a strategic review launched last year under then CEO Steve Murrells, who unexpectedly stepped down in November.
In a trading update today for the 52 weeks to 28 December, London-listed Hilton Food, currently headed up by executive chair Mark Allen, said the review “is nearing completion”.
The company added: “The review is expected to reinforce Hilton Foods’ focus on the core meat capabilities that have underpinned its long-term success.
Hilton Food has been facing challenges in its UK seafood business and its Foppen salmon operations in the Netherlands.