Hormel Foods sells Brazil business
Key takeaways
- Zanchetta Alimentos is acquiring a business operating under the Ceratti brand and which includes production.
- In a brief statement yesterday (29 June), Hormel Foods said it wants to "focus its international strategy on markets with the strongest long-term growth opportunities".
- Hormel, which owns brands including Skippy and Spam, took control of Ceratti in 2017 through its purchase of Brazilian packaged meats company Cidade do Sol.
Hormel Foods sells Brazil business https://www.shutterstock.com/image-photo/kyiv-ukraine-april-18-2021-this-1957988863?tracking Id=040fdb0f-ec3d-4ad6-b8c7-1c78b4bfb216&list Id=search Results · Just Food · viewimage/ Shutterstock.com. Shivam Mishra Tue, June 30, 2026 at 6:22 PM GMT+7 2 min read HRL Hormel Foods is to offload its business in Brazil to domestic food producer Zanchetta Alimentos as the US group looks to "simplify and streamline its portfolio".
Zanchetta Alimentos is acquiring a business operating under the Ceratti brand and which includes production. The financial terms of the deal were not disclosed.
In a brief statement yesterday (29 June), Hormel Foods said it wants to "focus its international strategy on markets with the strongest long-term growth opportunities". Just Food has asked which markets those are.