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Hormel Foods Buys Planters

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

Hormel Foods Logo

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.


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Break out of the ordinary: see what’s new in food packaging & processing
Dairy Food & Beverage Innovations Report
Discover cutting-edge packaging and processing solutions in the inaugural Packaging World/ProFood World Innovations Report. From high-speed filling machines to mono-material lids, see how the latest advancements from PACK EXPO International 2024 are driving safety, sustainability, and extended shelf life—shaping the future of dairy food and beverage packaging.
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Dairy Food & Beverage Innovations Report