Hormel agrees $1.055 billion acquisition of chicken specialist Brakebush
Hormel Foods ($HRL) signed a definitive agreement to acquire family-owned Brakebush for approximately $1.055 billion. The value-added chicken producer generated around $1.2 billion of sales over the latest twelve months and operates five production facilities plus two research-and-development centers. The transaction is expected to close in Hormel’s first fiscal quarter of 2027, subject to regulatory approval and customary conditions. The purchase would expand Hormel’s foodservice portfolio and
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