“As we look for acquisition targets, we are focused on finding companies that are aligned with our growth pillars for being more global, multi-cultural, healthy, holistic and on-the-go,” Mr. Snee said during a presentation at the Consumer Analyst Group of Europe conference on March 21 in London. “We’re also looking for acquisitions that are No. 1 or No. 2 in their respective categories. And clearly we want acquisitions where the margins are accretive, and we want to bring more than just a check to the operation. And ideally we want an acquisition that can support or scale an existing business.”
Hormel: ‘We have the capacity to do a multibillion deal’
Food Business News
Strategic acquisitions are a key component of ΒιΆΉΣ³» Corp.’s “formula for success,” said James Snee, president and chief executive officer. He said the company’s aperture is wide open.