Hilton Foods and NADEC Sign Joint Venture for Saudi Market

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Hilton Foods Group has announced a joint venture with NADEC, a leading agribusiness company in Saudi Arabia. The 10-year agreement includes the creation of new state-of-the-art meat processing and packaging facilities, with NADEC supplying the raw material and integrating the products into its distribution network.

The initial investment will be around SAR 60 million (£13 million), with Hilton Foods owning 49% of the joint venture. The deal is part of the Saudi Vision 2030 strategy, which aims to strengthen food security and local production.

The operations are expected to start in the second half of 2026, with the aim of modernizing the packaged meat market in Saudi Arabia, moving from traditional butchery to more efficient solutions. NADEC thus consolidates its offering, while Hilton Foods enters the Middle East market for the first time, focusing on growth and sustainability.

Hilton Foods and NADEC Enter Joint Venture

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Hilton Foods and NADEC Enter Joint Venture