Press Release

Kirkland Advises Forward Consumer Partners on Strategic Partnership with Hormel to Fuel Justin’s Brand

Kirkland & Ellis advised private investment firm Forward Consumer Partners on a definitive agreement to establish a new strategic partnership with Hormel Foods Corporation (NYSE: HRL). This partnership enables the Justin’s® branded business, which includes category-leading products including nut butters and USDA-certified organic chocolate treats, to once again become a standalone company, owned 51% by Forward and 49% by Hormel Foods. The transaction is expected to close by the end of the calendar year.

 

Read the transaction press release

 

The Kirkland team included corporate lawyers Amanda Border, Giorgia A. Nagalli, Sydney Collins and Ross Taylor; tax lawyer Liam Murphy; debt finance lawyers Kathryn Leonard, Grant Bowen and Jake Rosen; technology & IP transactions lawyers Seth Traxler, Jessica Perlman and Margot Sheridan; and executive compensation lawyers Monica Merino and Frances Tompson.