About Hormel Foods Corporation – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future – Inspired People. Inspired Food.™ – focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.
About Fontanini Italian Meats and Sausages
Fontanini Italian Meats and Sausages, originally known as Capitol Wholesale Meats, was founded in 1960 by Oriano Fontanini, a young Italian immigrant who believed in the “American Dream,” and his wife, Jennie Fontanini. Today, the company is highly regarded as the premier Italian meats company serving the foodservice industry. The company strives to make a beautiful difference through the production of the highest quality products its customers have come to expect and love matched by customer service exceeding industry standards. Fontanini has received American Masters of Taste Gold Medal Awards for Hot Italian Sausage Links, Sweet Italian Sausage Links, Mamma Ranne® Meatballs, Pot Roast, and Meatloaf. In addition to other taste and excellence awards, Fontanini® Mamma Ranne® Meatballs have also been featured on The Food Network’s Unwrapped. For more information, visit www.fontanini.com.
This news release contains forward-looking information based on management’s current views and assumptions. Actual events may differ materially. Factors that may affect actual results include, but are not limited to: whether and when the Company will be able to realize the expected financial results of the transaction, and how customers, competitors, suppliers and employees will react to the transaction. Please refer to the cautionary statement regarding Forward-Looking Statements and Risk Factors that appear on pages 32 – 38 in the company’s Form 10-Q for the quarter ended April 30, 2017, which can be accessed at www.hormelfoods.com under “Investors-SEC Filings.”