Hormel Foods wraps up $3.3bn acquisition of Kraft Heinz’ nuts business
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 ... Read More
Kraft Heinz to offload nuts business to Hormel Foods for $3.3bn
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 ... Read More
Hormel Foods acquires pit-smoked meats supplier Sadler’s Smokehouse
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 ... Read More