Hormel Foods Buys Pizza-Topping Maker

Packaged meat products maker acquired Burke Corp. for $110 million.

AUSTIN, Minn. (AP) — Packaged meat products maker Hormel Foods Corp. on Thursday said it acquired
Burke Corp., a maker of pizza toppings and other meat products, for about $110 million.
Hormel expects annual net sales from Burke of $125 million and expects the deal to add to earnings in fiscal 2008.
Hormel said the acquisition will add to its manufacturing capabilities.
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