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.

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

Investment firm Forward Consumer Partners will own 51% of the joint venture; founder Justin Gold and CEO Peter Burns will ...

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 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 ...

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

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

Before you're tempted by the massive amounts of Halloween treats, arm yourself with better-for-you options. Over the past few ...