Smithfield Foods to acquire Clougherty Packing from Hormel Foods for $145M

Smithfield Foods will acquire Clougherty Packing, a subsidiary of Hormel Foods, for $145 million. The acquisition is expected to be completed by the end of the year.

“Smithfield Foods will acquire Clougherty Packing, a subsidiary of Hormel Foods, for $145m.”packaging-gateway.com

• 1 source
• packaging-gateway.comM&As this week: Clougherty Packing, ProAmpac -Nov 24, 2016

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