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Food & Beverage

Ceratti sold to Zanchetta

Date
Transaction Type
Corporate disposal
Value
Undislclosed
Sold to
Company brand product
Company brand product
Company brand product
Company brand product
Company brand product
Back to transactions
Food & Beverage

Ceratti sold to Zanchetta

Date
Transaction Type
Corporate disposal
Value
Undislclosed
Sold to
Company brand product
Company brand product
Company brand product
Company brand product
Company brand product

Transaction
Overview

The divestiture reflects Hormel Foods ongoing efforts to simplify and streamline its portfolio and focus its international strategy on markets with the strongest long-term growth opportunities.

Spayne Lindsay & Co. is pleased to announce that it has advised Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, on selling its Brazilianoperations, operated under the CERATTI® brand to Zanchetta AlimentosLTDA, a Brazilian food company with an established presence in the market.

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