The Justin’s branded business will be majority-owned by Forward, which will hold 51%, with Hormel Foods retaining a 49% stake ...

Under the deal, specialty nut butter maker Justin's will become a standalone company with Hormel Foods Corp. owning 49%.

The Spam maker, which will remain a minority owner, is offloading 51% of the brand to Kodiak owner Forward Consumer Partners.

Hormel ( HRL) warned that it continued to experience persistent inflation in key commodity inputs at levels exceeding ...

Hormel Foods warned that earnings in the latest quarter were squeezed by price pressures, bird flu and a fire that damaged its Arkansas peanut butter production facility.

The USDA's Food Safety and Inspection Service has issued a Class I recall over several Hormel chicken products in light of ...

The chicken may have been contaminated with metal pieces from a conveyor belt during production, accordiing to the FSIS.

Major food recall hits restaurants and hotels as Hormel Foods pulls potentially contaminated chicken products from commercial ...

Hormel Foods and Forward Consumer Partners are forming a strategic partnership that will make Justin’s a standalone company, ...

The Minnesota Spam-maker is selling a 51% stake in the brand to Forward Consumer Partners nearly a decade after buying it for $286 million.

Investment firm Forward Consumer Partners will own 51% of the joint venture; founder Justin Gold and CEO Peter Burns will ...

GREENWICH, CONN. — The private equity company Forward Consumer Products has acquired a 51% stake in the Justin’s nut butter ...