Menu
  • Home
  • London Exchange
  • Euronext
  • Australian Exchange
  • Wire
  • Contact Us
  • Business & Finance
NewsnReleases

Walmart Canada partners with Hilton Foods to source protein products

Posted on September 14, 2023October 24, 2023

Walmart Canada has announced a long-term supply agreement with Hilton Foods, the leading international multi-protein food business, to provide a range of protein products to its Supercentres across the country.

Hilton Foods will open a new manufacturing facility in Eastern Canada, which will be its first in North America, to supply Walmart with beef, lamb, pork, seafood and some added-value products. The facility will use robotised store order picking to deliver the products to Walmart’s distribution centres.

The partnership aims to meet the increasing consumer demand for high quality, good value and sustainable protein products in Canada. Hilton Foods will apply its strong ESG credentials and its Sustainable Protein Plan to the North American market, which aligns with Walmart’s commitment to sustainability.

Hilton Foods expects to start production in 2026 and will finance the investment in plant and equipment with debt. The company said that its leverage will remain at comfortable levels during this phase.

Steve Murrells, Hilton Foods CEO, said that the agreement was a sign of the strength of their customer offer and their global footprint. He added that they were looking forward to providing Walmart with the service and range of quality products for which Hilton Foods is known.

Sam Wankowski, Chief Merchandising Officer, Walmart Canada, said that the agreement was a win for their customers and that they were strengthening their delivery of quality products at low prices and with more sustainable packaging. He also said that they would continue to support Canadian farms and ranches.

Sourabh Malik, Vice President Food, Walmart Canada, said that the new protein processing solution with Hilton Foods would exceed their customers’ expectations and provide them with fresh, consistent Walmart Brand protein in the sizes and cuts they were looking for.

Hilton Foods acquires Fairfax Meadow for £23.8 million

Hilton Food agrees to acquire Foppen for €90 million

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Track all markets on TradingView

Investing.comThe Exchange Rates are powered by Investing.com.

Site Navigation

  • Home
  • Listed Companies
  • Contact Us
  • London Stock Exchange
  • Singapore Exchange
  • Canadian Exchange
  • Australian Exchange
  • Oslo Bourse
  • PSX
  • Ratings
  • Euronext
  • MENA
  • Nasdaq Nordic
  • Wire
  • Business & Finance
  • Gadget Reviews
  • About Us: A Comprehensive Financial News Database

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

Listed Companies

Equity Markets and Stock Exchanges

NNR
©2025 NewsnReleases | WordPress Theme by Superb WordPress Themes