ACQUIRED · 2021
Who Acquired Planters Snack Nuts?
Hormel Foods · $3.35B· 12.5× EBITDA
The acquisition
Planters Snack Nuts was acquired by Hormel Foods in 2021 for $3.35B. Iconic nut snacks brand with Planters, NUT-rition, Corn Nuts. The deal was priced at 12.5× EBITDA / 2.80× revenue.
Planters Snack Nuts at time of acquisition
Revenue
$1000.0M
EBITDA
$223.0M
Deal value
$3.35B
EV / EBITDA
12.5×
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Sourced from Hormel Foods Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2021). Planters Snack Nuts acquired by Hormel Foods. https://exitvalue.ai/acquired/planters-snack-nuts