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Hormel Foods Corporation to Acquire Brakebush Holdings, Inc. for $1.055 Billion
Acquiring Company
Hormel Foods
Acquired Company
Brakebush Brothers
AustinWisconsinManufacturingFood and BeverageFood And BeverageFood ProcessingManufacturingFood and BeverageAgriculture and FarmingHospitalityFood ProcessingDescription
On September 29, 2026, Hormel Foods Corporation entered into a Membership Interest Purchase Agreement to acquire all outstanding membership interests of Brakebush Holdings, Inc. for a cash purchase price of $1.055 billion. The acquisition is expected to close during the first quarter of Hormel's 2027 fiscal year, subject to customary closing conditions. This strategic move aims to enhance Hormel's product offerings in the poultry sector. The deal is anticipated to receive regulatory approval under antitrust laws.
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Frequently asked
Who acquired Brakebush Brothers?
Brakebush Brothers was acquired by Hormel Foods, based in Austin. The deal was reported on September 30, 2026. Hormel Foods is publicly traded (HRL) and operates in Manufacturing.
When did Hormel Foods acquire Brakebush Brothers?
Hormel Foods's acquisition of Brakebush Brothers was reported on September 30, 2026. On September 29, 2026, Hormel Foods Corporation entered into a Membership Interest Purchase Agreement to acquire all outstanding membership interests of Brakebush Holdings, Inc. for a cash purchase price of $1.055 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Brakebush Brothers do?
Brakebush Brothers, LLC is a leading value-added chicken company founded in 1925. It serves a diverse customer base in the foodservice industry and operates five production facilities and two research and development labs. It is privately held, operating in Manufacturing, and is based in Wisconsin.
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