Hormel Foods says the acquisition advances its strategy of investing in growing protein categories and is expected to strengthen its foodservice platform through enhanced operator relationships, category expertise and an expanded direct sales organization.

"Brakebush is a highly respected leader in value-added chicken and has earned the trust of customers for more than 100 years through innovation, quality and exceptional relationships," says Jeff Ettinger, interim chief executive officer. "The company's talented team, strong culture and differentiated capabilities make it an excellent fit for Hormel Foods. Our industry-leading foodservice business has been a source of growth, and we are excited to meaningfully expand our presence in value-added chicken."

Founded in 1925 and headquartered in Westfield, Wisconsin, Brakebush has established itself as a value-added, non-vertically integrated chicken provider, serving a diverse foodservice customer base across national and regional operators. Brakebush generated approximately $1.2 billion in net sales over the last 12 months and operates five production facilities and two research and development labs.

"Brakebush has always been a people-first company, built on strong relationships, shared values and a commitment to doing business the right way," says Carey Brakebush, chairman of the board, Brakebush. "We see those same qualities in Hormel Foods. Their culture, integrity and long-term approach to growth give us great confidence that Brakebush will continue to thrive for our employees, customers and communities in the years ahead."