Hormel Foods to buy Brakebush in deal valued at $1.06 billion
HRL•Hormel Foods said it will buy family-owned chicken company Brakebush Brothers in a deal valued at $1.06 billion. The deal is aimed at expanding Hormel’s presence in value-added chicken.
1. Deal details
Hormel Foods said it will buy Brakebush Brothers in a deal valued at $1.06 billion, expanding its presence in value-added chicken. The article says consumers have increasingly sought protein-rich meals as demand for chicken grows alongside a focus on health and wellness.
