In the Spotlight: How the Applegate deal will benefit Hormel

Hormel Foods swooped to acquire natural and organic meat processor Applegate Farms earlier this week in a US$775m deal. In financial terms, the deal doesn't bring much to the table. Industry experts, however, have reacted favourably due to the long-term growth prospects of the natural and organic meat category. Hannah Abdulla explores what the deal means for Hormel.