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Hormel Foods to buy Brakebush in deal valued at $1.06 billion

By Thomson Reuters Sep 30, 2026 | 5:49 AM

Sept 30 (Reuters) – Hormel Foods on Wednesday ​said ‌it will buy family-owned chicken company Brakebush ‌Brothers ​in ⁠a deal valued ⁠at $1.06 billion, as the Skippy peanut ​butter maker looks ⁠to expand ⁠its presence ​in value-added ​chicken.

Consumers have increasingly sought ‌protein-rich meal options amid growing ⁠demand for chicken as the focus ⁠on ‌health ⁠and wellness ​grows.

(Reporting ‌by Shania ​S Thomas ⁠in Bengaluru; Editing by Arun Koyyur and Sahal ​Muhammed)