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%).
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