Hormel Foods

Hormel Backs Alternative Meat VC Fund

Hormel Backs Alternative Meat VC Fund

The Austin, Minnesota-based food company has become an “anchor” investor in venture capital fund Green Circle Greentech Ventures, which targets startups working on meat substitutes and plant-based foods.
Hormel’s $3.3B Bet on Snacks

Hormel’s $3.3B Bet on Snacks

The Minnesota food company on Thursday announced that it has inked a $3.3 billion deal to buy snack nut brand Planters. Hormel CEO Jim Snee says it could pave the way for more acquisitions in the snacking space.
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