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11 Feb 2021

Hormel Foods Adds Another Strategic Leading Brand to its Portfolio with the Acquisition of Planters®

Author: admintech | Filed under: Press Release

AUSTIN, Minn., Feb. 11, 2021 /PRNewswire/ — Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that it has entered into a definitive agreement to acquire the Planters® snack nut portfolio from the Kraft Heinz Company (Nasdaq: KHC). The proposed…