AcquisitionSep 30, 2026Pending
🇺🇸 United States
BBBrakebush Brothers, LLCHFHormel Foods Corporation
Consumer & Retail › Food & Beverage
Equity value$1.05BEquity value
AnnouncedSep 30, 2026
ConsiderationUndisclosed
StructureNot stated
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Hormel Foods Corporation agreed to acquire Brakebush Brothers, LLC from the Brakebush family for approximately $1.055 billion.
Deal rationale
The acquisition advances Hormel Foods' strategy of investing in growing protein categories and is expected to expand its value-added chicken and Foodservice platform.
AI-generated from the SEC filingPendingConsumer & Retail › Food & BeverageUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $1.05B | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Undisclosed |
Advisors
Buy-side
WFWells Fargo
Sell-side
WBWilliam Blair
Parties
Target
BBBrakebush Brothers, LLC
- Headquarters
- United States
- Ticker
- —
Acquirer
HFHormel Foods Corporation
- Headquarters
- United States
- Ticker
- —
Seller
BFBrakebush family
- Headquarters
- —
- Ticker
- —