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Hormel announces definitive agreement to sell its whole-bird turkey business
Hormel Foods has entered into a definitive agreement to sell its whole-bird turkey business to Life-Science Innovations (LSI). The sale, expected to close by the end of Q2 2026, includes the Melrose production facility, Swanville feed mill, and associated transport assets, but excludes JENNIE-O branded products. Hormel aims to focus on value-added protein while LSI will take over supply contracts and provide co-manufacturing services during the transition.