Hilton Food sells Fairfax Meadow Europe to Sysco for £54 million
LONDON: Hilton Food Group plc, the leading international multi-protein food business, has sold the entire issued share capital of Fairfax Meadow Europe Limited (“Fairfax”) to Sysco GB Ltd, (part of the Sysco Group). The disposal will result in Hilton Foods receiving gross cash proceeds of £54 million and is expected to be earnings dilutive. The…