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Kraft Heinz Co. selling Planters to Spam maker | Business - Vimarsana News

Kraft Heinz Co. selling Planters to Spam maker | Business

Hormel Foods of Austin, Minnesota, known for its meat brands such as Spam and Applegate, said Thursday it is buying the Planters nut business from Kra ...

Hormel (finally) gets its hands on 'grab-and-go' Planters brand for $3.35bn - Vimarsana News

Hormel (finally) gets its hands on 'grab-and-go' Planters brand for $3.35bn

Kraft Heinz is passing on its nut business to packaged food peer Hormel Foods Corp for $3.35bn in cash.

Why Kraft Heinz Sold Planters Peanuts - Vimarsana News

Why Kraft Heinz Sold Planters Peanuts

The deal with Hormel Foods stands to benefit both companies

Source: adweek.com
Kraft Heinz selling nuts business to Hormel for $3.35-billion - Vimarsana News

Kraft Heinz selling nuts business to Hormel for $3.35-billion

The deal, which is expected to close in the first half of 2021, includes global intellectual property rights to brands including Planters and Corn Nuts

Kraft Heinz to sell nuts business to Hormel for $3.35 billion - Vimarsana News

Kraft Heinz to sell nuts business to Hormel for $3.35 billion

Kraft Heinz Co said on Thursday it was selling its nut business to packaged food peer Hormel Foods Corp for $3.35 billion in cash.