Hormel Foods

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How the Applegate acquisition will benefit Hormel

Hormel Foods swooped to acquire natural and organic meat processor Applegate Farms earlier this week in a US$775m deal. In financial terms,...

Comment: Can Applegate retain trust under Hormel?

Hormel Foods has moved to acquire Applegate Farms to tap into growing demand for natural and organic protein in the US. But what makes Apple...


Why US foodservice could offer route to growth

Dean Best | 3 Mar 2015

A swathe of mainstream US packaged food manufacturers are searching for growth as grocery retail stagnates amid significant changes to consumer habits. In just-food's latest management briefing, we look at whether the foodservice channel could present opportunities for growth.


JBS sees big opportunity from Primo Smallgoods

Dean Best | 21 Nov 2014

Brazil-based JBS is already the world's largest meat supplier but it has its sights on growing further in value-added products and in Asia - and has turned to a business in Australia to help it achieve that goal.


Protein: Drinks to lead NPD push in dairy

Dean Best | 5 Nov 2014

The dairy category has been one of the hotspots for protein-focused NPD in recent quarters, as manufacturers look to tap into rising demand for foods packed with the nutrient. Dean Best looks at the products launched and what else could be on the horizon.


On the money: Hormel still looking for M&A

Dean Best | 22 Aug 2014

US group Hormel Foods has been busy looking for acquisitions in recent quarters, succeeding in some places and apparently being thwarted elsewhere. Announcing its third-quarter results yesterday (21 August), the Skippy peanut butter maker indicated it was ready to make more deals.

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Food industry news of week: Applegate, Bel

Dean Best | 29 May 2015

Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.


Food industry quotes of week: Hormel, FSA, Arla

Hannah Abdulla | 29 May 2015

This week, Hormel Foods announced it was acquiring US natural and organic meat processor, Applegate Farms. In the UK, scrutiny over campylobacter continued with the Food Standards Agency revealed 73% of shop-bought chickens are contaminated with the food poisoning bug. Here is the week in quotes.


Hormel to buy organic meat group Applegate

Katy Askew | 27 May 2015

Hormel Foods has entered an agreement to acquire US organic meat group Applegate Farms for around US$775m.


Hormel to close CytoSport plant in US

Hannah Abdulla | 22 May 2015

Hormel Foods has announced it is to close a CytoSport manufacturing facility in Benicia, California.


Hormel warns on bird flu after "excellent" H1

Katy Askew | 20 May 2015

Hormel Foods has booked a jump in half-year sales and earnings but warned its Jennie-O Turkey business will be "significantly challenged" by the impact of bird flu.


Post warns on bird flu at egg supplier

Katy Askew | 29 Apr 2015

Post Holdings revealed yesterday (29 April) that avian influenza has been detected at an unnamed third party supplier of eggs to its Michael Foods Group business.


Hormel: Bird flu to hit turkey sales, profits

Dean Best | 21 Apr 2015

Hormel Foods has said the outbreak of HN52 avian influenza at a number of turkey farms will put pressure on sales and earnings from its Jennie-O Turkey Store division in the US giant's current financial year.


Bird flu confirmed in Hormel Foods flock

Katy Askew | 9 Apr 2015

Avian influenza H5N2 has been found at a Hormel Foods-owned turkey farm in Minnesota.


Hormel raises earnings guidance on Q1 profits

Hannah Abdulla | 19 Feb 2015

Hormel Foods has raised its forecast for annual earnings on the back of increased profits during the first quarter of its financial year.


Hormel "closes in on Applegate Farms deal"

Hannah Abdulla | 13 Feb 2015

Hormel Foods has refused to be drawn into speculation it is in the late stages of talks to buy organic meat processor Applegate Farms.


Hormel cites benefits of plant inspection pilot

Dean Best | 4 Feb 2015

Hormel Foods has touted the benefits of a US government pilot programme into the high-speed inspection of pork plants after claims the scheme could be endangering consumers.


Hormel faces flak over plant inspections

Dean Best | 2 Feb 2015

Hormel Foods is at the centre of claims a US government pilot programme for inspections of pork plants is putting consumers at risk.


Food industry news of week: MOM Brands, Krave

Dean Best | 30 Jan 2015

In the first of the week's big deals, Post announced the acquisition of MOM brands, a fellow US breakfast cereal manufacturer. Post said the buy would cement its position as the third-largest cereal maker in the US.


San Miguel to buy out Hormel Foods from Vietnam JV

Hannah Abdulla | 28 Jan 2015

Philippines food and drink business San Miguel Corp. is to buy out US group Hormel Foods from the companies' venture in Vietnam.


2014's most-read analysis on just-food

Dean Best | 16 Dec 2014

Our analysis of the key developments and trends in emerging markets - both within the countries and how local companies are eyeing expansion - attracted your attention in 2014.


Hormel, Cargill end 12 year Precept Foods JV

Hannah Abdulla | 3 Dec 2014

Hormel Foods and Cargill have dissolved their joint venture partnership for the Precept Foods brand.


Food industry news of week: Bisco Misr, Kerry

Dean Best | 1 Dec 2014

The bidding for Egyptian snacks group Bisco Misr intensified, there was speculation over Kerry Group's frozen ready-meal business and Danone sold its dairy business in Indonesia.


Food industry quotes of week: Asda, Greencore

Hannah Abdulla | 1 Dec 2014

The much-awaited campylobacter tests on supermarket chicken in the UK were published this week. On the mergers and acquisitions side, Abraaj raised its bid yet again for Bisco Misr. Conversely, Danone was reported to be mulling a sale of its shares in the Yakult business and Kerry Group was reportedly looking to offload its frozen ready-meals arm in the UK. Meanwhile, Ireland's Greencore published some strong annual results. Here is the week in quotes.


Hormel mulling exit from Vietnam

Dean Best | 26 Nov 2014

Hormel Foods has revealed it is considering leaving Vietnam, a market where it has a business with Philippines conglomerate San Miguel Corp.


Hormel Foods to close US plant

Dean Best | 26 Nov 2014

A Hormel Foods factory in Stockton in California is set to close in February, the US group has announced.


Hormel profits up but 2015 forecast hits shares

Dean Best | 25 Nov 2014

Hormel Foods today (25 November) issued annual results rounded off by higher fourth-quarter sales and profits but the earnings - and its 2015 earnings per share forecast - hit the US group's shares.


Mitsubishi coy over Bumble Bee Foods link

Hannah Abdulla | 14 Oct 2014

Japanese conglomerate Mitsubishi Corp. has declined to comment on speculation it has joined the race for the takeover for US canned tuna giant Bumble Bee Foods.


Editor's choice: highlights on just-food last week

Dean Best | 26 Aug 2014

Russia's food embargo still stands but this week it eased the ban to allow in some agricultural commodities to bolster its food production. The Chiquita takeover saga continued with bidders Cutrale Group and Safra Group appealing to the produce group's shareholders to vote against its merger with Fyffes. Elsewhere, we analysed the performance and outlook for Lindt & Sprungli and Hain Celestial, two companies enjoying robust growth.


Hormel shares jump on Q3 earnings

Hannah Abdulla | 21 Aug 2014

Shares in Hormel Foods jumped today (21 August) as the US group reported third-quarter earnings that beat Wall Street expectations.

Latest blogs

Margin push behind Hormel's new appointments at Applegate

Katy Askew | 18 Jun 2015

Hormel Foods revealed some key management appointments as it looks to bring the recently-acquired Applegate Farms under its wing.

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