HRL to Acquire Brakebush Brothers for $1.055 Billion Cash, Expected Q1 2027 Close
· The NYC Memo
On September 29, 2026, Hormel Foods Corporation entered into an agreement to acquire all outstanding membership interests of Brakebush Brothers, LLC, for a base purchase price of $1.055 billion in cash. The acquisition is subject to customary adjustments and regulatory approvals, with closing anticipated during the first quarter of Hormel Foods Corporation's 2027 fiscal year.