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Hormel Foods to buy salami maker Columbus Manufacturing
October 31, 2017 / 11:09 AM / 23 days ago

Hormel Foods to buy salami maker Columbus Manufacturing

Oct 31 (Reuters) - Spam meat maker Hormel Foods Corp said on Tuesday it will acquire deli meat and salami maker Columbus Manufacturing Inc for about $850 million.

Columbus Manufacturing, which calls itself a “millennial-focused” brand selling Italian salami and deli meats, had annual sales of about $300 million. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Savio D‘Souza)

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