Hormel completes purchase of side-dish business
January 8, 2010
ENGLEWOOD CLIFFS, N.J. — Hormel Foods Corp. has completed its purchase of the Shedd’s Country Crock branded chilled side-dish business from Unilever.
Financial terms of the sale were not disclosed, but under the transaction Hormel will market and sell the side dishes under a license agreement. The Shedd’s Country Crock trademark and its flagship spreads products range remain with Unilever.