Hormel Foods Announces Agreement to Sell Ceratti Business in Brazil
Hormel Foods has agreed to sell its Brazilian operations under the CERATTI® brand to Zanchetta Alimentos LTDA. The transaction is part of Hormel's strategy to streamline its portfolio and focus on high-growth international markets, with minimal impact expected on fiscal 2026 financial results.
Tickers: $HRL
Topics: international strategy M&A