FoodCompany
Hormel Foods M&A Summary
Hormel Foods has acquired 19 companies, including 3 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 4 assets.
Hormel Foods’ largest acquisition to date was in 2021, when it acquired Planters Nut & Chocolate Company for $3.4B. It’s largest disclosed sale occurred in 2016, when it sold Clougherty Packing to Smithfield Foods for $145M. Hormel Foods has acquired in 9 different US states, and 3 countries. The Company’s most targeted sectors include food (100%).
Hormel Foods Business Overview
Where is Hormel Foods headquartered?
Hormel Foods is headquartered in Austin, Minnesota.
What is Hormel Foods’ revenue?
Hormel Foods disclosed revenue of 12,110M USD for 2023 and 12,459M USD for 2022.
How many employees does Hormel Foods have?
Hormel Foods has 20,000 employees.
What sector is Hormel Foods in?
Hormel Foods is a food company.
When was Hormel Foods founded?
Hormel Foods was founded in 1891.
M&A Summary
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M&A Total Activity21
- M&A Buy Activity17
- M&A Sell Activity4
- Total Sectors Invested 1
- Total Countries Invested 3
- M&A Buy/Sell Connections 17
- M&A Advisors 8
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