Hormel Foods to Acquire Brakebush in $1.055 Billion Value-Added Chicken Deal
What happened Hormel Foods Corporation has signed a definitive agreement to buy Brakebush Brothers, LLC, a Westfield, Wisconsin-based value-added chicken company, from the Brakebush family for about $1.055 billion. The deal is aimed at the first quarter of Hormel Foods fiscal 2027, pending customary closing conditions and regulatory approval. Brakebush is a non-vertically integrated chicken […]
Sazerac Bids for Berentzen to Build European Spirits Platform
US spirits group Sazerac has locked in a business combination agreement with Germanys Berentzen-Gruppe and plans a voluntary cash takeover at EUR 5.55 per share. The move puts a mid-cap European beverage name under a privately held global brand owner and signals how US distillers are buying local manufacturing, private-label depth, and distribution reach rather […]