LIVEKINDLY Collective agrees US$7.2 million Dalco acquisition to expand European manufacturing

LIVEKINDLY Collective has agreed to acquire Dutch plant-based food manufacturer Dalco Food from Hilton Foods for £5.4 million (US$7.2 million), further expanding its manufacturing network as it continues to build its European platform.

• LIVEKINDLY Collective agreed to acquire Dalco Food from Hilton Foods for £5.4 million (US$7.2 million).
• The transaction remained subject to customary closing conditions and consultation with Dalco's local works council.
• Dalco would add private-label manufacturing, B2B expertise and two production facilities in the Netherlands.

The proposed acquisition remains subject to customary closing deliverables and consultation with Dalco's local works council.

Founded in 1975, Dalco manufactures plant-based snacks, finger foods and meal ingredients for retail, foodservice and business-to-business customers from two production facilities in Oss, the Netherlands. The company has built an established presence in the private-label and B2B markets, capabilities that LIVEKINDLY Collective said would complement its existing operations.

The company said Dalco's customer relationships and research and development expertise would strengthen its manufacturing network, accelerate innovation and support growth across the plant-based category.

The acquisition follows another active period for LIVEKINDLY Collective. In June, the company announced its proposed acquisition of German plant-based brand GREENFORCE, a transaction that remains in its closing period. During the same month, it also achieved B Corp certification, with CEO David Suarez saying the milestone "reinforces our commitment to creating positive impact for people, communities, animals, and the environment while continuing to build a strong, resilient business."

LIVEKINDLY said the Dalco acquisition supports its strategy of building "a brand-led plant-based food company, supported by a scalable manufacturing platform," helping make plant-based food available "to more people, in more places."

The company currently owns brands including LIKE, Oumph!, Fry's, No Meat and The Dutch Weed Burger, and operates manufacturing facilities in the Netherlands, Sweden and South Africa. It has previously said its plant-based business became profitable in 2025 following several years of expansion through acquisitions.

For Hilton Foods, the sale forms part of a wider strategic review completed earlier this year that placed its seafood, vegan and vegetarian businesses under separate management while focusing future investment on its core meat and fresh prepared foods operations.

Hilton first acquired a 50% stake in Dalco in 2019 before taking full ownership in 2021. The company said Dalco is expected to be classified as an asset held for sale in its 2026 interim results, due to be released on September 3. The business recorded an adjusted operating loss of around £2 million (US$2.7 million) during the first half of 2026, which Hilton expects to report as discontinued operations.

Financial terms disclosed by Hilton Foods value the transaction at £5.4 million (US$7.2 million).

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