Hilton Food agrees to acquire Foppen for €90 million
LONDON, UK: Hilton Food Group has agreed to acquire a leading international smoked salmon producer, Dutch Seafood Company B.V., which trades as “Foppen”. The enterprise value of €90.0 million includes adjustments for net debt and net working capital. Foppen’s FY 2021 ended 31 March 2021 actual revenue of €139.7 million, adjusted underlying EBITDA of €10…