Covering the World with Strategic Alliances
Australia is the second largest export
market for this popular line of chili,
trailing only Canada.
HFI's strategic alliances
continue to be a significant source of growth. HFI's strategic
partner in Spain, Campofrio Alimentacion, S.A., made two
significant investments during the year, acquiring Grupo
Navidul, S.A., and obtaining controlling interest in OMSA
Alimentacion, S.A. Grupo Navidul, S.A., is Spain's largest
producer of dry-cured hams. The company also produces many
other processed meats, including Spanish chorizo, mortadella
and cooked ham, for both retail and foodservice markets.
OMSA Alimentacion, S.A., is the fifth largest meat processor
in Spain with a primary focus on pork slaughtering and fresh
and processed meats. It is the market loader in luncheon
meats and bacon and complements Campofrio's leadership
position in dry-cured sausages and processed meats.
HFI's other strategic European partner, Tulip International
A/S, Arhus, Denmark, enjoyed great success with SPAM
luncheon meat and Stags chili in the United Kingdom and
Ireland. This trade and consumer acceptance encouraged Tulip
International to expand distribution of Stagg chili into Germany.