Hormel Foods Corp. and private equity firm Forward Consumer Partners struck a new strategic partnership Tuesday, wherein ...

The Spam maker, which will remain a minority owner, is offloading 51% of the brand to Kodiak owner Forward Consumer Partners.

The Minnesota Spam-maker is selling a 51% stake in the brand to Forward Consumer Partners nearly a decade after buying it for $286 million.

GREENWICH, CONN. — The private equity company Forward Consumer Products has acquired a 51% stake in the Justin’s nut butter brand from Hormel Foods Corp. Hormel will retain the other 49%. Terms of the ...

The Justin’s branded business will be majority-owned by Forward, which will hold 51%, with Hormel Foods retaining a 49% stake ...

Hormel Foods and Forward Consumer Partners are forming a strategic partnership to reestablish Justin’s as an independent ...

Under the deal, specialty nut butter maker Justin's will become a standalone company with Hormel Foods Corp. owning 49%.

Almost a decade after Hormel Foods Corp. (NYSE: HRL) paid $286 million for Justin’s, the Boulder-born natural-foods company ...

Hormel Foods and private investment firm Forward Consumer Partners have agreed to work together to allow the health-food brand Justin's operate as a standalone company. Hormel will own 49% of the ...

Hormel Foods and Forward Consumer Partners are forming a strategic partnership that will make Justin’s a standalone company, ...

Hormel said it now expects sales for the fiscal fourth quarter will be toward the top end of its earlier guidance of between $3.15 million and $3.25 billion, but earnings per share on an adjusted ...