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Hormel to Buy Brakebush for $1.055 Billion

By Drooid · Sep 30, 2026, 2:43 PM UTC · How we work

Summary

Story summary

Hormel Foods Corp. will acquire Brakebush Brothers, LLC for approximately $1.055 billion.
The transaction is slated to close in the first quarter of fiscal 2027, pending regulatory approval.
Brakebush generated about $1.2 billion in net sales over the past 12 months.
The acquisition is expected to be accretive to adjusted earnings per share beginning fiscal 2028.

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Story summary

Hormel Foods Corp. will acquire Brakebush Brothers, LLC for approximately $1.055 billion.
The transaction is slated to close in the first quarter of fiscal 2027, pending regulatory approval.
Brakebush generated about $1.2 billion in net sales over the past 12 months.
The acquisition is expected to be accretive to adjusted earnings per share beginning fiscal 2028.