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Minnesota mergers and acquisitions

February 21, 2021 at 8:00PM
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Target Acquirer

Date Location Location Description

2/8 Alpaca Audiology Inc. Northstar Capital LLC Private-equity firm Northstar Capital has invested in Alpaca Audiology, a

Russellville, Ark. Minneapolis provider of hearing health care through a network of audiology clinics.

2/11 Kraft Heinz Co.'s Hormel Foods Corp. Hormel Foods will acquire the Planters snack business of Kraft Heinz Co. for

Planters snack business Austin, Minn. $3.35 billion in cash.

Chicago

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Elizabeth Flores/The Minnesota Star Tribune

Waning consumer demand and volatile commodity prices have put pressure on poultry producers. Life-Science Innovations already owns other bird facilities throughout the state.

Todd Geselius, vice president of agriculture at the Southern Minnesota Beet Sugar Co-op, shows what a sugar beet looks like when it is harvested in the field on Sept. 9, 2015 in Renville, Minn. (Jim Gehrz/Minneapolis Star Tribune/TNS) ORG XMIT: 1175088 ORG XMIT: MIN1510142301350530
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