# 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.

- Type: Acquisition
- Announced: 2016-11-24
- Where: United States
- Value: $145.0M
- Status: announced
- Products: packaged meat products

## Companies

- [Smithfield Foods](https://endata.com/companies/432.md) (acquirer)
- [Clougherty Packing](https://endata.com/companies/433.md) (target)
- [Hormel Foods](https://endata.com/companies/434.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-this-week-clougherty-packing-proampac-5679337/), 2016-11-24: "Smithfield Foods will acquire Clougherty Packing, a subsidiary of Hormel Foods, for $145m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.