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Tag: Mergers & Acquisitions

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Hormel Foods’ Snack Brands Thrive Behind ‘Transformative’ $3.35B PLANTERS® Brand Purchase
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Why SPAM Maker Hormel Just Bought 115-Year-Old Planters for $3.35 billion
Planters has been producing snack nuts 115 years, and now its next 115 years is set to be shaped by SPAM-making, dried meat king Hormel.
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Company
Hormel CEO Says Planters Acquisition ‘Checks All The Boxes For Us’
Hormel CEO Jim Snee broke down motivations behind the food producer’s move to buy snack company Planters for $3.35 billion, the biggest acquisition…
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Company
Hormel Makes Its Biggest Deal Ever, Buying Planters for $3.3 billion
The Austin, Minn.-based company makes its largest acquisition ever with $3.35B purchase of Planters.
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Company
The Biggest M&A Deals of 2017
Hormel Foods Vice President of Corporate Development Fred Halvin spoke with Minneapolis/St. Paul Business Journal about the company’s 2017…
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Company
Hormel Foods to Buy Deli Meat Maker Columbus, its Largest Acquisition Ever
Hormel picks up a specialist in cured meats and millennial marketing for $850 million
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Company
From Startup To Bought Up
Food Dive interviews Justin’s founder Justin Gold & president Mike Guanella about the company post-acquisition
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Company
Hormel Acquires Brazilian Cold Cuts and Meats Company
Hormel Foods Corp. has acquired Cidade do Sol, a Brazilian meat processor, for approximately $104 million
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Performance
Austin’s Hormel Foods Expands Into Brazil, Posts Strong Q3 Performance
Hormel Foods is reporting a strong financial performance in its third quarter in spite of a significant jump in its income tax bill
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Company
Hormel to Buy Fontanini Italian Meats and Sausages for $425M
The Austin-based meats maker said it hopes to leverage Fontanini’s production facility, using it to produce its own products as well.
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Brands
Hormel buys Fontanini, Chicago-based maker of Italian meats, for $425 million
Fontanini grew from a single store into national pizza restaurant supplier.
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Company
Hormel Acquires Fontanini
Hormel Foods Corp. has acquired Fontanini Italian Meats and Sausages, a branded food service business, from Capitol Wholesale Meats, Inc
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Events
Hormel: ‘We have the capacity to do a multibillion deal’
Strategic acquisitions are a key component of the Hormel Foods formula for success
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Performance
At Hormel, hitting growth targets means doing more deals
Hormel in the past three years transformed through acquisitions from a commodities-only organization into a packaged-goods one
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Company
Hormel on the lookout for more acquisitions
Despite making almost $2 billion in acquisitions in less than three years Hormel Foods remains on the lookout for takeover targets.
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Brands
‘Applegate will remain Applegate,’ says CEO Kerry Collins
Applegate will continue to operate independently from Hormel, which owns brands like Muscle Milk, Dinty Moore, Skippy and SPAM.
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Company
Hormel Foods to Buy Applegate Farms for $775 Million
The deal is Hormel’s largest acquisition ever.
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Company
Organic Hot Dogs Are Going Mainstream
Natural and organic hot dog maker Applegate is becoming a subsidiary of Hormel.
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Company
Ettinger details Hormel’s organic acquisition
Hormel went shopping for the segment to add to its business and on Tuesday announced the purchase of Applegate Farms LLC.
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Company
Hormel Buys ‘Cleaner Wiener’ With Applegate Acquisition
Natural and organic meat marketer Applegate Farms – which touts its hot dogs as a “cleaner wiener” – has reached a deal to be…
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Company
Hormel to Buy Organic Meat Maker for $775 million
Seller of Spam to buy Applegate Farms amid change in American eating habits

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