Hormel buys Justin's Nut Butter for $286m: 'It attracts a younger, more health conscious on-the-go millennial consumer'
Hormel Foods – which owns the Skippy peanut butter brand – has struck a deal to buy Boulder-based nut butter brand Justin’s in a $286m deal that will help Hormel attract a "younger, more health conscious on-the-go millennial consumer."