Hilton Foods Group expands global footprint with Walmart Canada partnership

Hilton Food Group plc, an international multi-protein food company, has signed a long-term supply agreement with Walmart Canada Corp. The deal involves Hilton Foods opening a new manufacturing facility in Eastern Canada to meet the demands of Walmart’s Supercentres. Initially focusing on a wide range of protein products—beef, lamb, pork, and seafood—the facility will later include added-value products.

Hilton Foods to Innovate Walmart Canada’s Protein Supply

This partnership is a significant milestone for both Hilton Foods and Walmart Canada in meeting the rising consumer demand for high-quality, cost-effective, and sustainable protein products across Canada. Hilton Foods will employ its strong Environmental, Social, and Governance (ESG) principles, guided by its Sustainable Protein Plan, to make an impact on the North American market.

Financing and Production Details for Hilton Foods Canada Inc.

Hilton Foods’ new subsidiary, Hilton Foods Canada Inc, will finance the new food packing facilities. Production is targeted to start by 2026, with the company leasing the facility. Debt funding will support the investment in plant and equipment, with the principal expenditure commencing in 2024 and continuing through 2025.

CEOs Comment on Strategic Partnership

Steve Murrells, CEO of Hilton Foods, stated, “We are delighted to be partnering with Walmart. This agreement extends our global footprint and represents our first manufacturing facility in North America.”

Sam Wankowski, Chief Merchandising Officer for Walmart Canada, commented, “This is a win for our customers. We’re delivering quality products at low prices with more sustainable packaging, while continuing to support Canadian farms and ranches.”