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Hormel Foods to spin off Justin’s brand in private-equity agreement

Hormel Foods is spinning off its Justin’s brand of nut butters and chocolate snacks through an investment agreement with Forward Consumer Partners. In a transaction that is expected to close by the ...
Seeking Alpha

Hormel Foods and Forward Consumer Partners Complete Transaction to Establish Justin's as a Standalone Company

AUSTIN, Minn. and GREENWICH, Conn., Dec. 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, and Forward Consumer Partners ("Forward"), a private ...