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Hormel Foods Announces New Leadership Appointments
Oct 11, 2016Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
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Hormel Foods' Record Second Quarter Results Were Reported
May 23, 2014Hormel Foods Corporation (HRL) reported its performance for the fiscal year 2014 second quarter. All comparisons are to the second quarter of fiscal 2013. The company reported fiscal 2014 second quarter net earnings of $140.1 million, up ...
Tags: Hormel Foods, Grocery Products
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Unilever Has Signed a Deal to Sell Meat Snacks Business to Beef Jerky Group Jack Link's
Feb 25, 2014British-Dutch multinational company Unilever has signed a deal to sell its meat snacks business to US beef jerky group Jack Link’s. The sale includes Bifi and Peperami sausage brands as well as a manufacturing unit in Ansbach, ...
Tags: Unilever, Meat Snacks
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Multinational Company Unilever Sells Its Skippy Business in China to Us-Based Hormel Foods
Nov 28, 2013British-Dutch multinational company Unilever has sold its Skippy business in China to US-based Hormel Foods. Skippy peanut butter brand was introduced in 1932 and its portfolio comprises 11 varieties of peanut butter products. It is a ...
Tags: Unilever, Skippy Peanut Butter, sold, Hormel Foods
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Nestle Is Considering Options to Divest Its Powerbar Energy Bars Brand
Sep 29, 2013Swiss food giant Nestlé is considering options to divest its PowerBar energy bars brand, as it is facing stiffened competition from other brands. The sale could fetch millions of dollars to Nestlé, reported Reuters citing ...
Tags: Energy Bars, Food
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B&G Foods and Pinnacle Foods Are Evaluating Plans to Acquire Unilever's Wish-Bone
Jun 24, 2013B&G Foods and Pinnacle Foods are evaluating plans to acquire Unilever's American salad dressing brand Wish-Bone. The sale, which is being managed by investment banking firm Goldman Sachs, is part of Unilevers' strategy to focus on its ...
Tags: Foods, Agriculture
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US Food Group Hormel Foods Has Recorded an Increase in First-Quarter Profit
Feb 22, 2013US food group Hormel Foods has recorded an increase in first-quarter profit. In the 13 weeks ended 27 January, earnings edged up 1% to US$129.7m, the company reported today (21 February). Operating profit grew 1.2% to $198.2m. Hormel, ...
Tags: food group, Hormel Foods, food
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Unilever Has Completed The Sale of Its Global Skippy Business Excluding China
Feb 4, 2013British-Dutch multinational company Unilever has completed the sale of its global Skippy business to Hormel Foods, excluding its operations in China where the transaction is pending regulatory approvals. The pending transaction is ...
Tags: Unilever, Foods, Hormel Foods
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Unilever Sold Its Skippy Peanut Butter Business to Hormel Foods
Jan 8, 2013Last week may have been the first week back at our desks after the new year, but we hit the ground running with news that Unilever sold its Skippy peanut butter business to Hormel Foods. At first glance, a mainstream brand like Skippy ...
Tags: Skippy peanut butter, Hormel Foods, Skippy, company news
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Hormel Foods Will Acquire Unilever's Skippy Peanut Butter Business
Jan 5, 2013US-based Hormel Foods has entered into an agreement to acquire Skippy peanut butter business from Unilever United States for $700m, as part of its strategy to expand lunchtime offerings in the US and accelerate growth in China. The ...
Tags: Agriculture, Food, peanut butter
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Hormel Foods Will Acquire The Skippy Peanut Butter Brand From Unilever for a Consideration
Jan 5, 2013Hormel Foods will acquire the Skippy peanut butter brand from Unilever for a consideration of around US$700m, it emerged today (3 January). Unilever, which announced it was "considering options" for Skippy in October, announced this ...
Tags: Hormel Foods, Skippy, acquisition, peanut butter brand, food industry
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Unilever Decides to Cut Down Some of The Food Assets to Focus on Health Beauty Business
Dec 4, 2012Unilever is planning to sell Skippy peanut butter brand, as part of its efforts to cut down some of the food assets in order to focus on health and beauty business. The sale of the brand is likely to fetch anywhere between $300m to $400m, ...
Tags: peanut butter, health and beauty business, peanut butter market
