Hormel Foods to sell Brazil CERATTI unit

• Hormel Foods (NYSE:HRL) agreed to sell its Brazilian CERATTI operations to Zanchetta Alimentos LTDA.
• The company said the divestiture is part of a portfolio simplification strategy focused on international growth markets.
• Closing is expected in the coming weeks with minimal impact on fiscal 2026 adjusted results.

Hormel Foods (NYSE:HRL) entered a definitive agreement to sell its Brazilian operations, which operate under the CERATTI brand, to Zanchetta Alimentos LTDA.

The transaction represents a divestiture as Hormel shifts its international portfolio toward markets it views as higher long-term growth opportunities.

The company said the sale is expected to close in the coming weeks and will have a minimal impact on adjusted fiscal 2026 results.

Hormel Foods said the move is part of a broader strategy to simplify its portfolio and concentrate resources on core and higher-growth international segments.

CERATTI has operated as Hormel’s Brazilian brand presence in packaged and processed meat products within the region.

The company continues to adjust its global footprint through targeted divestitures and portfolio reshaping initiatives aimed at operational focus.