Hormel Foods Bets $1.06B on Brakebush to Expand Value-Added Chicken Business

Hormel’s $1B Brakebush deal would nearly triple chicken’s share of its protein portfolio

Hormel Foods’ planned acquisition of Brakebush Brothers would raise chicken’s share of its protein portfolio from less than 5% to about 13%

Hormel Is Betting $1.06 Billion on Chicken. The Deal Goes Far Beyond Grocery Shelves

As the country’s protein obsession grows, Hormel is doubling down on chicken with a new major deal.

Hormel Foods Bets $1.06B on Brakebush to Expand Value-Added Chicken Business

Hormel Foods (NYSE:HRL) has agreed to acquire value-added chicken company Brakebush Brothers, LLC for approximately $1.055 billion in cash, a transaction the company said would expand its foodservice presence and increase its exposure to the chicken category. The deal is structured on a cash-free,

Hormel expects the Brakebush acquisition to boost profits over time (HRL:NYSE)

Hormel (HRL) to buy Brakebush for $1.06B, boosting foodservice and chicken exposure.

Hormel Foods to acquire Brakebush Brothers for $1.055 billion

The deal, expected to close in early 2027, would add roughly $1.2 billion in annual sales to Hormel's foodservice business

Hormel Foods to buy Wisconsin chicken processor for $1.05 billion

The acquisition is expected to close during Hormel's first fiscal quarter of 2027, subject to regulatory approval and other closing conditions.