en.Wedoany.com Reported - Hormel Foods Corporation announced it has completed the sale of its whole turkey business to the Minnesota-based Life Sciences Innovation Company, headquartered in Willmar.

Under the terms of the transaction, Life Sciences Innovation acquires ownership of the whole turkey production facility in Melrose, Minnesota, the feed mill in Swanville, and associated transportation assets. The production facility will operate under the name Legacy Turkey, and Melrose employees have joined Life Sciences Innovation as part of the transition. The company is also assuming supply agreements with dedicated third-party hen growers.

Hormel Foods retains the JENNIE-O brand and continues to produce ground turkey, deli meats, turkey burgers, turkey bacon, and turkey sausage for both retail and foodservice customers. The company also retains rights to sell whole turkeys and turkey breasts and continues to operate other turkey production facilities and its live production operations. The divestiture of the commodity whole turkey business reflects Hormel Foods' strategic evolution to expand its value-added protein portfolio and reduce reliance on more volatile, commodity-driven operations.

The two parties initially announced the transaction on February 26, 2026. Minneapolis-based Hormel Foods, with annual revenues exceeding $12 billion, now oversees a portfolio of over 30 food brands. Life Sciences Innovation, headquartered in Willmar, Minnesota, brings over 80 years of experience in the agriculture and poultry sectors.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com