Zanchetta Alimentos

Hormel Foods, the global branded food company based in the USA, has entered into a definitive agreement to sell its Brazilian operations to Zanchetta Alimentos, a Brazilian food company. Operating under the Ceratti brand, the business offers meats such as mortadella, sausage and salami for the Brazilian retail and foodservice markets. Financial details of the transaction were not disclosed. According to source, the divestiture reflects the company’s ongoing efforts to …