Hormel foods announces minority investment in garudafood

Investment supports the company's strategy to aggressively develop its global presence austin, minn. , dec. 15, 2022 /prnewswire/ -- hormel foods corporation (nyse: hrl), a fortune 500 global branded food company, today announced it has acquired a minority stake in pt garudafood putra putri jaya tbk ("garudafood"), one of the largest food and beverage companies in indonesia.
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