Hormel Foods Buys Planters

The company’s addition of the strategic leading brand continues its evolution as a global branded food business.

Feb 10th, 2021

Hormel Foods has entered into a definitive agreement with Kraft Heinz to acquire the Planters snack nut portfolio, including the Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts brands, for $3.35 billion. The transaction is expected to close in the second quarter of this year, subject to regulatory review and approval.

Kraft Heinz Co.

Hormel Foods

Sm Graphic Tharp

Empathy & Authenticity Steer Bumble Bee through CHAOS

New unPACKed with OEM podcast debuts with Jan Tharp, president and CEO of the 120-year old company.

Industrial Magnetics Acquires Walker Magnetics Group

The deal helps expand the company’s permanent, electromagnetic, and electro-permanent magnetic technology and systems for industrial applications, and broadens its roster of products.

T. Marzetti Co. Expanding Kentucky Facility

Announced a year ago and paused by the pandemic, the project will add production capabilities to meet growing customer demand for a range of Marzetti products.

Nestle Waters Product Line

Nestlé Waters North America Brands Being Sold

The transaction enables Nestlé to focus on its international premium brands, local natural mineral waters, and high-quality healthy hydration products.

‘Pearl Milling Company’ to Replace Aunt Jemima Brand Name

PepsiCo, which owns the Quaker Oats Company, announced the forthcoming rebranding of the Aunt Jemima brand in 2020.

The recipe to reduce microbes.

The recipe to reduce microbes.

Meet the Synexis® BioDefense System, the pioneering technology that attacks viruses, bacteria, mold, odors, and insects in the air and on surfaces. Learn More.

Dole Mc Donough, Ga Plant

Dole Packaged Foods Opens New Facility

The new site in Georgia will allow the company to provide more nutritious and healthy frozen fruit to its East Coast customers in a timelier manner.

Hormel Foods Buys Planters

The company’s addition of the strategic leading brand continues its evolution as a global branded food business.

Am King Aldi Loxley Ground Breaking

A M King Breaks Ground on ALDI Divisional Center

A M King worked with Aldi to determine adequate site infrastructure requirements for securing local economic development incentives, while ensuring the property would be large enough, buildable, and strategically located.

The Powder Show Digital Flow

Powder Show Digital Flow Set for Thursday, February 18

Today’s diverse community of engineers, designers, and scientists are welcome and encouraged to tune in.

Is Kraft Heinz Ready to Sell Planters?

Hormel is cited as the potential buyer of the iconic brand as Kraft Heinz trims its portfolio.

The recipe to reduce microbes.

The recipe to reduce microbes.

Meet the Synexis® BioDefense System, the pioneering technology that attacks viruses, bacteria, mold, odors, and insects in the air and on surfaces. Learn More.

Liquid Nitrogen Leak Kills 6 Food Packing Plant Employees

3 others are in critical condition, following the disaster at the Foundation Food Group facility in Gainesville, Ga.

C6 R7t5ey 1920 60070451c9057

Authentic Branding Driven From The Top: Bumble Bee CEO Jan Tharp

The Latest Management Minute with Jan Tharp from Bumble Seafood. Jan sat down with OEM Magazine's Stephanie Neil during PACK EXPO Connects. Here's a tasty 60-second morsel on authentic branding.

Jim Higley, Crb Director Of Business Development

CRB Hires New Director of Business Development

Jim Higley joins the company, strengthening its approach that guides clients from initial planning to operational readiness.

N Venia In Wood Dale

Duravant Launches nVenia, a Duravant Operating Company

Duravant launches nVenia, LLC, a new operating company within its Packaging Solutions Segment formed by combining Arpac, Hamer-Fischbein, and Ohlson into a single entity.

ProMach Acquires Bartelt

The transaction will expand the company’s portfolio of solutions in pouch packaging, cartoning, and shrink packaging.

Mars Petcare Expanding Manufacturing Facility

The project will enable the company to serve the growing needs of pets and pet owners.

Barilla Buys Fresh Pasta Delivery Startup

Barilla is dipping its toe into the home delivery sector with the acquisition of the UK company.

106819826 1609945663655 B J Fido 0027 400x400 Cirilli Photo 400x400 02c87dd8 5930 49b0 8f0f 2a4daa7a8364

Doggie Desserts: New Ben & Jerry’s Line

Ice cream maker Ben & Jerry’s enters the fast-growing pet food market

More in Industry News

Maple Leaf Foods Expanding Plant Protein Capacity

The move promotes the company’s strategy to support its high-growth plant protein business through the effective deployment of capital.

Tippmann Innovation Sierra Cold Storage Facility

Tippmann Innovation Breaks Ground New Cold Storage Facility

The project reflects the company’s continued growth in the cold storage development sector.

Mondelēz International Acquires Well-being Snacking Company

The purchase provides Mondelēz further growth opportunities in chocolate, cross-category potential in crackers, and opportunities to expand its distribution.

McCormick Acquires FONA International

With the purchase, McCormick will accelerate its flavor platform in the Americas and strengthen its position in clean and natural flavors.

Hormel Foods Opens New Production Facility

The Papillion Foods facility will make salami and dry sausage products under the Columbus Craft Meats brand, as well as the Hormel brand.

Godiva Ceo Nurtac Ziyal Afridi

Godiva Appoints New CEO

Nurtac Ziyal Afridi takes on the leadership role as the company marks a new era of growth and accessibility.

Ferrero New Product Line

Ferrero Group Buying Eat Natural

Adding the authentic product portfolio, with a strong market position in the healthier snacks segment, will allow Ferrero to fulfill the evolving needs and trends of consumers.

Utz Brands Acquires ON THE BORDER Tortilla Chips

The transaction strengthens the Utz’s national footprint and moves the company into the #3 position in the retail sales tortilla chip sub-category.

Post Holdings Acquiring Almark Foods

The consumer packaged goods holding company will purchase the provider of hard-cooked and deviled egg products that are distributed broadly across retail outlets.

Haribo Groundbreaking

Haribo Breaks Ground on U.S. Factory

The company is building its first-ever North American manufacturing facility, expanding its global manufacturing network and ensuring faster delivery to U.S. customers.

Ebro Sells Riviana Foods U.S. Branded Pastas

TreeHouse Foods has bought the majority of Ebro’s pasta business, which will strengthen its portfolio and deliver greater value to its shareholders.

Josh Becker Harpak Ulma Market Segment Manager

Harpak-ULMA Appoints New Market Segment Product Manager

Josh Becker will lead the company’s newly launched North American initiative to help bakery and confectionery producers do more and go faster under adverse and rapidly changing conditions.