Hormel Foods acquires Sadlers Smokehouse business
Hormel Foods has reached an agreement to acquire Texas-based Sadler’s Smokehouse, a family-owned business that specializes in premium and authentic pit-smoked meats for retail and foodservice customers.
Hormel Foods has reached an agreement to acquire Texas-based Sadler’s Smokehouse, a family-owned business that specializes in premium and authentic pit-smoked meats for retail and foodservice customers. Hormel Foods has been a customer of Sadler’s Smokehouse for over two decades.
Sadler’s Smokehouse will continue operations from its Henderson, Texas, facility and will report into Hormel’s Refrigerated Foods segment. The transaction was structured as an asset sale and is expected to close in March 2020, subject to customary closing conditions.
“Sadler’s Smokehouse is a great company with an impressive history, talented team, and an outstanding portfolio of on-trend products that resonate with consumers, customers, and operators,” said Jim Snee, chairman of the board, president, and chief executive officer at Hormel Foods. “This is a very strategic acquisition for our foodservice business, and it gives us another successful brand to expand into the retail and deli channels.”
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