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Hormel Foods and Forward Consumer Partners Complete Transaction to Establish Justin's as a Standalone Company
Justin's operates as a standalone company owned 51% by Forward and 49% by Hormel Foods, featuring leading nut butters and USDA-certified organic chocolates.
- On Dec. 15, 2025, Hormel Foods Corporation and Forward Consumer Partners completed a transaction making Justin's a standalone company owned 51% by Forward and 49% by Hormel Foods Corporation.
- The partnership aims to provide the focus and resources to help Justin's grow and unlock greater brand potential, the companies said, while Forward Consumer Partners builds enduring consumer businesses.
- Founder Justin Gold returns as strategic advisor and board member, Peter Burns leads as chief executive officer, and Hunt Killough, Mark Doiron, Jeff Perkel, David Ziegert, and Randy Gilbride join the leadership team.
- The companies noted the deal will support growth for Justin's products, including nut butters and USDA-certified organic chocolate confections, to enhance brand development.
- Hormel Foods Corporation, with over $12 billion in annual revenue, owns more than 30 brands, while Forward Consumer Partners manages $425 million, backing consumer brands like Justin's.
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Mason City Globe Gazette+28 Reposted by 28 other sources
Hormel Foods and Forward Consumer Partners Complete Transaction to Establish Justin's as a Standalone Company
AUSTIN, Minn. and GREENWICH, Conn., Dec. 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, and Forward Consumer Partners ("Forward"), a private investment firm focused on branded consumer products, today announced the completion…
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Leaning Left2Leaning Right0Center12Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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