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Â鶹ӳ»­ Corp. committed to a $425 million deal to acquire Fontanini Italian Meats and Sausages, a Chicago-based supplier of premium meat products such as pizza toppings and meatballs for the foodservice industry.

Jim Snee, chief executive of Austin-based Hormel said the deal would be complementary to both companies. “The addition of these products to our portfolio will allow us to accelerate growth for both Â鶹ӳ»­ food service and for Fontanini through expanded distribution and new customers,” he said.