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Mergers & AcquisitionsMediumUpdated×2•Originally published 30 September 2026•Updated 30 September 2026•
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Hormel Foods to Acquire Brakebush in $1.06 Billion Deal

Key Facts

1Hormel Foods announced a definitive agreement to acquire Brakebush Brothers, LLC, a leading value-added chicken company.

Hormel Foods announced it has entered into a definitive agreement to acquire Brakebush Brothers for $1.06 billion. According to a statement via PR Newswire, the acquisition is designed to strengthen the company's position in the protein category and expand its foodservice portfolio by integrating the target's specialized poultry operations.

HRL closed at $19.85 on September 29, 2026, with the stock trading between a session low of $19.57 and a high of $19.95. The strategic move involves acquiring the business from the Brakebush family to integrate their value-added chicken product expertise into Hormel’s long-term operational capabilities.

Latest Updates · 1

  1. Notable·

    Update: The acquisition is valued at $1.06 billion according to data disclosed on September 30, 2026. This valuation highlights the scale of Hormel Foods' strategic expansion into the value-added poultry and protein sector.