“Our goal is to build Justin’s® into an enduring, global brand,” said Splinter. “Achieving this goal will require leadership, vision, resources and a certain entrepreneurial spirit. The relationship between Justin’s and Hormel Foods will create compelling growth prospects for both organizations and the Grocery Products division specifically. As a standalone subsidiary, Justin’s® pioneering spirit and appetite for growth is being enabled through the added resources, knowledge and capabilities in categories that the Hormel Foods company knows and understands well.”

The Justin’s® brand was founded in 2004 and is a pioneer in nut-butter based snacking. Justin’s® markets four successful nut butter-based snack lines – spreads, squeeze packs, peanut butter cups and snack packs. The company is headquartered in Boulder, Colo., and is a subsidiary in the Grocery Products segment. Learn more about the company and products at www.justins.com.