The Spam maker, which will remain a minority owner, is offloading 51% of the brand to Kodiak owner Forward Consumer Partners.
Under the deal, specialty nut butter maker Justin's will become a standalone company with Hormel Foods Corp. owning 49%.
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.
GlobalData on MSN
Hormel Foods to spin off Justin’s brand in private-equity agreement
The Justin’s branded business will be majority-owned by Forward, which will hold 51%, with Hormel Foods retaining a 49% stake ...
Hormel Foods Corp. and private equity firm Forward Consumer Partners struck a new strategic partnership Tuesday, wherein ...
GREENWICH, CONN. — The private equity company Forward Consumer Products has acquired a 51% stake in the Justin’s nut butter ...
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 ...
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 ...
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 ...
Almost a decade after Hormel Foods Corp. (NYSE: HRL) paid $286 million for Justin’s, the Boulder-born natural-foods company ...
Hormel Foods and Forward Consumer Partners are forming a strategic partnership that will make Justin’s a standalone company, ...
BasketballNetwork.net on MSN
Jamal Crawford on skill set that earns NBA players their big contracts today: "The worst shot in basketball and now that is the biggest weapon"
Jamal Crawford had been long enough in the league to know the dos and don'ts. The eighth pick in the 2000 draft has played 20 ...
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