One of Tesco's key meat packaging suppliers Hilton Foods has announced its planned flotation on the London Stock Exchange. Taylor Wessing is advising the company on its listing for up to £110m next month as part of the group's strategy to expand its business into Europe. Head of private capital Tim Eyles is leading for Taylor Wessing. The flotation will be accompanied by a placing of existing shares in Hilton with institutional investors. Stockbroker Panmure Gordon, which has been appointed as sole sponsor and bookrunner, is being advised by McDermott Will & Emery.