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Hormel Foods to spin off Justin’s brand in private-equity agreement
The Justin’s branded business will be majority-owned by Forward, which will hold 51%, with Hormel Foods retaining a 49% stake ...
The Minnesota Spam-maker is selling a 51% stake in the brand to Forward Consumer Partners nearly a decade after buying it for $286 million.
Under the deal, specialty nut butter maker Justin's will become a standalone company with Hormel Foods Corp. owning 49%.
Almost a decade after Hormel Foods Corp. (NYSE: HRL) paid $286 million for Justin’s, the Boulder-born natural-foods company is being spun off as a stand-alone company once again.
A prominent player in the snacking industry is expected to lay off more than 200 employees from its El Paso facility as part ...
Doritos, one of the most popular chips on the planet, are also one of the more heavily seasoned chips with “lots of sodium, ...
A famed Los Angeles doughnut shop is planning an off‑Strip Las Vegas outpost, the Las Vegas Review‑Journal reported. The move ...
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