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Hormel Foods completes sale of Ceratti business in Brazil
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Monday, 03 August, 2026, 14 : 00 PM [IST]
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Minnesota, USA
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Hormel Foods Corporation has announced the completion of the sale of its Brazilian operations, operated under the Ceratti brand, to Zanchetta Alimentos LTDA.
The transaction follows the definitive agreement announced on June 29, 2026, and reflects its ongoing efforts to simplify and streamline its portfolio while focusing its international strategy on markets with the strongest long-term growth opportunities.
The company expects the sale to have a minimal impact on its adjusted fiscal 2026 financial results. Additional information will be shared during the company's third-quarter fiscal 2026 earnings call.
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