M&A Deal Summary

Hilton Food Group Acquires Icelandic Group UK

On October 18, 2017, Hilton Food Group acquired food company Icelandic Group UK for 81M GBP

Acquisition Highlights
  • This is Hilton Food Group’s 1st transaction in the Food sector.
  • This is Hilton Food Group’s 0th largest (disclosed) transaction.
  • This is Hilton Food Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-10-18
Target Icelandic Group UK
Sector Food
Buyer(s) Hilton Food Group
Deal Type Add-on Acquisition
Deal Value 81M GBP

Target

Icelandic Group UK

Grimsby, United Kingdom
Icelandic Group UK Ltd. has grown to be one of the largest chilled fish processors in the UK, with well-invested facilities and a well-established supply chain based in Grimsby, Lincolnshire.

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Buyer(S) 1

Buyer

Hilton Food Group

Huntingdon, United Kingdom

Category Company
Founded 1994
Sector Food
Employees7,051
Revenue 4.0B GBP (2023)
DESCRIPTION

Hilton Food Group is an international meat packing business supplying major international retailers from state-of-the-art facilities. Hilton’s business was established in 1994 to set up and operate a beef and lamb central meat packing facility in Huntingdon, England. Hilton has grown rapidly and now has six factories across Europe plus a joint venture such that our products are sold in supermarkets across 14 European countries. Hilton Food Group was founded in 1994 and is based in Huntingdon, England.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2017) 1 of 1