Hilton Food Group acquired a 50% stake in Dalco Foods.

Hilton Food Group, a food packaging business, acquired a 50% stake in Dalco Foods, a leading vegetarian product manufacturer. Financial terms were not disclosed. This agreement with Dalco enables Hilton to significantly expand its product offering in the fast-growing vegetarian market. Hilton will provide its manufacturing expertise and capital resources to enable Dalco to expand its range into the next generation of vegetarian products servicing not only Dalco's existing customers but also Hilton's customer base.