date:Dec 15, 2021
Hilton Food Group has agreed to acquire a leading international smoked salmon producer, Dutch Seafood Company, which trades as Foppen, for an enterprise value of 90 million.
The move will expand Hiltons presence in a growing protein category, as well as see it enter the US, a new geography for Hilton.
The company has also launched an equity placing to raise gross proceeds of approximately 75 million to part fund the acquisition.
Foppen further brings two smoked salmon facilities in Harderwijk