Dalco Food is set to become part of Livekindly Collective. The company is acquiring the Dutch producer from Hilton Food Group. This will give the established vegan and vegetarian product manufacturer a new owner. Dalco operates in the B2B and private-label markets. Livekindly aims to strengthen its customer base and product development through the acquisition. Hilton, meanwhile, is sharpening its focus on meat and fresh prepared foods.
Livekindly announced the agreement on July 31. The acquisition is valued at £5.4 million. This is equivalent to approximately $7.3 million.
Dalco has an established position in B2B and private label. The company also has strong customer relationships and R&D capabilities. According to Livekindly, these strengths will help it serve customers more effectively. The company also aims to accelerate product development.
The deal follows the acquisition of Greenforce Future Food. Livekindly announced that transaction last month. The German company sells plant-based alternatives to meat, eggs, and cheese. Livekindly also owns brands including Fry’s, Oumph!, and NoMeat.
Hilton is selling Dalco as part of its business strategy. The group is concentrating on meat and fresh prepared foods. A review of several business units was completed in March.
Hilton first invested in Dalco in 2019. The group took full ownership of the company in 2021. Dalco posted an adjusted operating loss of approximately £2 million in the first six months of 2026.
In March, Hilton placed Dalco, Seachill, and Foppen under separate leadership. The group also limited future investment in these businesses. According to Hilton, they have limited alignment with its core operations.
Hilton acquired seafood company Seachill in 2017. Dutch salmon processor Foppen followed in 2021. The group supplies retailers across Europe, North America, the Middle East, and Asia-Pacific.
Source: Just Food