https://www.live-feeds.com/feed/hormel-foods-to-buy-brakebush-brothers-for-about-1-06-billionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/hormel-foods-to-buy-brakebush-brothers-for-about-1-06-billionhttps://www.live-feeds.com/feed/hormel-foods-to-buy-brakebush-brothers-for-about-1-06-billion#u96375Sat, 03 Oct 2026 10:02:08 +0000Hormel Foods Corporation signed a definitive agreement to purchase value-added chicken processor Brakebush Brothers from the Brakebush family for approximately $1.055 billion. The transaction is projected to finalize during the first quarter of fiscal 2027, pending regulatory approval and customary closing conditions. This purchase represents a significant investment by Hormel into growing protein categories and aims to strengthen its existing Foodservice platform through expanded direct sales operations and enhanced operator relationships.Why it mattersThe acquisition expands Hormel Foods dee