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Smithfield completes $102M Nathan's buyout

PUBLIC · SFDOct 26, 2026

Acquiring Company

Smithfield Foods

Acquired Company

Nathan's Famous

VirginiaVirginiaFood and BeverageAgriculture and FarmingFood ProcessingFood and BeverageRetailAnimal FeedPet

Description

Smithfield Foods completed its merger with Nathan's Famous on October 26, 2026, making the hot-dog company a wholly owned subsidiary. Each outstanding share was canceled and converted into the right to receive cash under the merger terms. The merger agreement was signed January 20, 2026, and approved by shareholders on October 23, 2026. Nathan's Famous terminated its Citibank credit agreement at closing and plans to delist its stock from Nasdaq and deregister under the Exchange Act.

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Company Information

Company

Smithfield Foods

Location

200 Commerce Street

Virginia, United States

About

Smithfield Foods is a global food company with a strong culture of compliance, producing good food the right way. The company operates in the agricultural, consumer products, food manufacturing, packaging, and retail sectors.

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Frequently asked

Who acquired Nathan's Famous?

Nathan's Famous was acquired by Smithfield Foods, based in Virginia. The deal was reported on October 26, 2026. Smithfield Foods is a global food company with a strong culture of compliance, producing good food the right way. Smithfield Foods is publicly traded (SFD) and operates in Food and Beverage.

When did Smithfield Foods acquire Nathan's Famous?

Smithfield Foods's acquisition of Nathan's Famous was reported on October 26, 2026. Smithfield Foods completed its merger with Nathan's Famous on October 26, 2026, making the hot-dog company a wholly owned subsidiary. Each outstanding share was canceled and converted into the right to receive cash under the merger terms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nathan's Famous do?

Nathan's Famous is an iconic American hot dog brand known for its 100% beef hot dogs. Since 1916, it has honored its heritage by offering authentic New York-style hot dogs. It is privately held, operating in Food and Beverage, and is based in Virginia.

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