Minnesota-based food company Hormel Foods has completed its previously announced $3.35 billion acquisition of Kraft Heinz’ nuts business, which includes the Planters snacking portfolio. As per the terms of the deal signed in February 2021, Hormel Foods has acquired Planters, NUT-rition, Planters Cheez Balls and Corn Nuts brands, and three production facilities. Jim Snee – […]
Kraft Heinz has agreed to sell its nuts business to Hormel Foods for $3.35 billion in an all-cash deal. The deal includes most products sold by Kraft Heinz under the Planters brand. These include single variety and mixed nuts, trail mix, Cheez Balls, Nut-rition products, and Cheez Curls. Kraft Heinz is also selling the Corn […]
Jennie-O Turkey Store has reopened its turkey processing plant in Melrose, Minnesota, following a voluntary suspension of operations because of the COVID-19 outbreak. The company, which is a fully-owned subsidiary of Hormel Foods, restarted phased operations on Friday with a core group of team members. The turkey processing company said that it will look to […]
Rochelle Foods is all set to reopen its facility in Rochelle, Illinois which makes grocery, foodservice, and specially-formulated cancer nutrition products, as scheduled on 4 May after a 14-day closure due to the coronavirus pandemic. The food products supplier said that it had completed testing of its team members last week with most of them […]
Hormel Foods has closed its previously announced $270 million acquisition of Sadler’s Smokehouse, a Texas-based pit-smoked meats supplier for foodservice and retail customers. Sadler’s Smokehouse is engaged in delivering premium pit-smoked whole muscle meats with custom injections, flavors, rubs, and spice blends. The company has been supplying its meat products to Hormel Foods for more […]
Hormel Foods has launched new single-serve lunchmeat options under the Hormel Natural Choice deli meats range in the US as per the latest food product launch news. The new Hormel Natural Choice single-serve lunchmeat options are packaged with two ounces, or five slices of 100% natural deli meat. The new offering is said to give […]