{
  "title": "Hormel Foods to Acquire Brakebush Brothers for $1.055 Billion",
  "publisher": "Acquiry Deal Intelligence",
  "author": "Joash Boyton",
  "url": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/",
  "published": "2026-09-30T14:00:00Z",
  "researchCutoff": "2026-09-30",
  "licence": "Free to reference with attribution to Acquiry Deal Intelligence and a link to the source URL.",
  "rows": [
    {
      "dataset": "key-figures",
      "id": "stat-price",
      "label": "Base purchase price Hormel agreed to pay in cash for Brakebush",
      "value": "$1.055bn",
      "provenance": "disclosed",
      "sources": "https://www.sec.gov/Archives/edgar/data/48465/000110465926112101/tm2626547d1_8k.htm",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-price"
    },
    {
      "dataset": "key-figures",
      "id": "stat-revenue",
      "label": "Brakebush’s net sales over the trailing twelve months",
      "value": "~$1.2bn",
      "provenance": "disclosed",
      "sources": "https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-definitive-agreement-to-acquire-brakebush-a-leading-value-added-chicken-company/",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-revenue"
    },
    {
      "dataset": "key-figures",
      "id": "stat-multiple",
      "label": "Revenue or EBITDA multiple implied by the price",
      "value": "Undisclosed",
      "provenance": "undisclosed",
      "sources": "",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-multiple"
    },
    {
      "dataset": "key-figures",
      "id": "stat-facilities",
      "label": "Production facilities and R&D labs Brakebush operates",
      "value": "5 + 2",
      "provenance": "disclosed",
      "sources": "https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-definitive-agreement-to-acquire-brakebush-a-leading-value-added-chicken-company/",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-facilities"
    },
    {
      "dataset": "key-figures",
      "id": "stat-founded",
      "label": "Year Brakebush was founded",
      "value": "1925",
      "provenance": "disclosed",
      "sources": "https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-definitive-agreement-to-acquire-brakebush-a-leading-value-added-chicken-company/",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-founded"
    },
    {
      "dataset": "key-figures",
      "id": "stat-vs-sanderson",
      "label": "Brakebush’s price against the 2021 Cargill/Sanderson Farms deal",
      "value": "23%",
      "provenance": "calculated",
      "sources": "https://www.sec.gov/Archives/edgar/data/48465/000110465926112101/tm2626547d1_8k.htm | https://www.cargill.com/2021/cargill-and-continental-grain-company-to-acquire-sanderson-farms | https://www.acquiry.com/deal-intelligence/",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-vs-sanderson"
    },
    {
      "dataset": "key-figures",
      "id": "stat-outside",
      "label": "Outside date in the purchase agreement",
      "value": "29 Mar 2027",
      "provenance": "disclosed",
      "sources": "https://www.sec.gov/Archives/edgar/data/48465/000110465926112101/tm2626547d1_8k.htm",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#stat-outside"
    },
    {
      "dataset": "comparables",
      "id": "hormel-brakebush",
      "label": "Hormel Foods / Brakebush Brothers (2026-09-30)",
      "value": "$1.055bn",
      "provenance": "disclosed",
      "sources": "https://www.sec.gov/Archives/edgar/data/48465/000110465926112101/tm2626547d1_8k.htm",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "cargill-sanderson",
      "label": "Cargill / Continental Grain (joint venture) / Sanderson Farms (2021-08-09)",
      "value": "$4.53bn",
      "provenance": "disclosed",
      "sources": "https://www.cargill.com/2021/cargill-and-continental-grain-company-to-acquire-sanderson-farms",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "tyson-keystone",
      "label": "Tyson Foods / Keystone Foods (2018-08-20)",
      "value": "$~2.16bn",
      "provenance": "reported",
      "sources": "https://ir.tyson.com/news/news-details/2018/Tyson-Foods-to-Acquire-Keystone-Foods-from-Marfrig-Global-Foods/default.aspx",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#figure-comparables"
    },
    {
      "dataset": "comparables",
      "id": "hormel-planters",
      "label": "Hormel Foods / Planters (from Kraft Heinz) (2021-02-11)",
      "value": "$3.35bn",
      "provenance": "reported",
      "sources": "https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-completes-acquisition-of-planters-snack-nuts-business/",
      "permalink": "https://www.acquiry.com/deal-intelligence/hormel-foods-to-acquire-brakebush-brothers/#figure-comparables"
    }
  ]
}