Hormel Expands Chicken Business With $1 Billion Deal
Deals·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Hormel Foods Corp., the maker of Spam, is expanding its chicken business with a $1 billion acquisition as the US’s protein craze continues to drive demand for lean meat.
The acquisition reflects Hormel's strategy to capitalize on the growing market for protein products in the United States.
Hormel
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“Hormel Foods Corp., the maker of Spam, is expanding its chicken business with a $1 billion acquisition as the US’s protein craze continues to drive demand for lean meat.”
Bloomberg — Spam Maker Hormel Expands Chicken Business With $1 Billion Deal