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 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 – […]