2018 Buy-Side Transaction:

Acquisition of Ceratti(Brazil) by Hormel Foods

Acquisition of Ceratti

  • Established in 1932, Cidade do Sol Alimentos is a leading Brazilian producer and marketer of premium meat products mainly under its Ceratti® brand.
  • Hormel, based in Austin, Minn., is a global branded food company with over $9 billion in revenues across seventy-five countries worldwide.

Situation Overview

  • Hormel engaged HT Capital to identify potentially suitable candidates in Brazil that fit its acquisition criteria. HT also advised on the many facets of the evaluation, negotiation and execution process; some of which are unique to consummating business transactions in Brazil.
  • Ceratti’s® products align perfectly with Hormel’s goal of expanding its international presence into the largest consumer market in South America. Hormel and Ceratti® will work together to leverage key Hormel resources to drive continued innovation, growth and expansion in this region.
Hormel Foods benefited from senior HT Capital bankers’ significant food & beverage industry and transaction experience, along with their knowledge and relationships in the Brazilian market.

RECENT TRANSACTIONS