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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 ...
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 ...
A prominent player in the snacking industry is expected to lay off more than 200 employees from its El Paso facility as part ...
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.
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