Hormel Foods and Forward Consumer Partners Launch Justin's as Standalone Company

Reuters12-16

Hormel Foods and Forward Consumer Partners Launch Justin's as Standalone Company

Hormel Foods Corporation has completed a strategic partnership with Forward Consumer Partners to establish Justin's as a standalone company. Under the new agreement, Forward will own 51% of the company, while Hormel Foods retains a 49% stake. The partnership includes Justin's category-leading nut butters and organic chocolate confections. Founder Justin Gold returns as a strategic advisor and board member, while Peter Burns will serve as chief executive officer. The move is aimed at providing Justin's with focused resources to drive future growth and success.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hormel Foods Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG45724) on December 15, 2025, and is solely responsible for the information contained therein.

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