Hormel Foods completes sale of Ceratti business in Brazil to Zanchetta Alimentos - HRL News | RalliesHormel Foods completes sale of Ceratti business in Brazil to Zanchetta Alimentos
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HRL• Hormel completes Ceratti Brazil sale
- Hormel Foods completed the sale of its Brazil operations under the Ceratti brand to Zanchetta Alimentos.
- The deal follows a definitive agreement reached on June 29, 2026.
- Financial terms were not disclosed.
- The sale is expected to have a minimal impact on Hormel Foods’ adjusted fiscal 2026 results.
- Hormel Foods framed the divestment as part of a broader effort to streamline its portfolio and refocus international growth priorities.