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Food & Beverage
Ceratti sold to Zanchetta
Date
Transaction Type
Corporate disposal
Value
Undislclosed

Sold to



Back to transactions
Food & Beverage

Ceratti sold to Zanchetta
Date
Transaction Type
Corporate disposal
Value
Undislclosed

Sold to



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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