‘Applegate will remain Applegate,’ says CEO Kerry Collins

Last month Hormel Foods Corp acquired Applegate, makers of natural and organic deli meats, burgers, cheeses, chicken and hot dogs (a.k.a. “the cleaner wiener”), for $775 million. Applegate will continue to operate independently from Hormel, which owns brands like Muscle Milk, Dinty Moore, Skippy and SPAM.