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Hilton and Woolworths to Build Meat Plant

21 August 2013

AUSTRALIA - Hilton Food Group and Woolworths Limited are to go ahead with plans to build a new meat processing plant 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.”) will operate and manage the new plant.

The current target to start production is 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.

TheMeatSite News Desk

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