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Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Tue., Aug. 11, 9:13 AM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #85. Hormel Foods Corporation Skippy Peanut Butter Line

Acquirer: Hormel Foods Corporation (NYSE:HRL)
Acquiree: Skippy Peanut Butter Line
Details: Hormel Foods Corporation announced it has entered into a definitive agreement to acquire the Skippy peanut butter business from Unilever United States Inc., of Englewood Cliffs, N.J. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States and other jurisdictions.

Hormel Foods is primarily engaged in the production of meat and food products and the marketing of those products throughout the United States and internationally. Co.'s segments are: Grocery Products, which consists of the processing, marketing, and sale of shelf-stable food products; Refrigerated Foods, which consists of the processing, marketing, and sale of branded and unbranded pork, beef, chicken, and turkey products; Jennie-O Turkey Store, which consists of the processing, marketing, and sale of branded and unbranded turkey products; and International and Other, which includes Hormel Foods International Corporation that manufactures, markets, and sells Co.'s products internationally.

Hormel Foods SEC Filing Email Alerts Service


Open the HRL Page at The Online Investor »

Company Name: 
Hormel Foods Corp.
Website: 
www.hormel.com
Sector: 
Food & Beverage
Number of ETFs Holding HRL: 
88
Total Market Value Held by ETFs: 
$2.73B
Total Market Capitalization: 
$27.58B
% of Market Cap. Held by ETFs: 
9.89%
 

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Hold (1.87 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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