12 Mar 2025
Hilton Foods, NADEC Form Joint Venture to Expand Meat Production in Saudi Arabia
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The UK-based meat processing company will hold a 49% stake in the partnership and invest US$8.3 million (SAR 31 million) as part of an initial US$16.6 million (SAR 60 million) funding for the project.
The agreement, set to run for ten years, brings together Hilton Foods’ expertise in meat processing and packaging with NADEC’s established cattle operations in the country.
As part of the deal, Hilton Foods will establish modern meat processing facilities in Saudi Arabia, while NADEC will supply the operation with red meat and integrate the products into its distribution network.
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