HORMEL FOODS CORP /DE/

Regulatory Filings • Oct 31, 2017

8-K 1 a17-24889_18k.htm 8-K

*UNITED STATES*

*SECURITIES AND EXCHANGE COMMISSION*

*Washington, D. C. 20549*

*FORM 8-K*

*CURRENT REPORT*

Pursuant to Section 13 or 15 (d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 31, 2017

*HORMEL FOODS CORPORATION*

(Exact name of registrant as specified in its charter)

Delaware	1-2402	41-0319970
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

*1 Hormel Place*

*Austin, MN 55912*

(Address of Principal Executive Office)

Registrant’s telephone number, including area code: (507) 437-5611

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

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*Section 1 – REGISTRANT’S BUSINESS AND OPERATIONS*

*Item 1.01 Entry into a Material Definitive Agreement*

On October 30, 2017, Hormel Foods Corporation (the Company) entered into a definitive agreement to acquire Columbus Manufacturing, Inc., an authentic, premium deli meat and salami company, from Chicago-based Arbor Investments. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States, and is expected to close within 60 days.

The purchase price is approximately $850 million.

The Company intends to file the definitive agreement with its next annual report on Form 10-K.

*Section 7 – REGULATION FD*

*Item 7.01 Regulation FD Disclosure*

On October 31, 2017, the Company issued a press release announcing a definitive agreement to acquire Columbus Manufacturing, Inc. A copy of the press release is furnished as Exhibit 99 to this Form 8-K and is incorporated herein by reference.

*Section 9 – FINANCIAL STATEMENTS AND EXHIBITS*

*Item 9.01 Financial Statements and Exhibits*

(d) Exhibits furnished pursuant to Item 7.01

99 Press release issued October 31, 2017

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*SIGNATURES*

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	HORMEL FOODS CORPORATION
	(Registrant)
Dated: October 31, 2017	By	/s/ JAMES N. SHEEHAN
		JAMES N. SHEEHAN
		Senior Vice President and
		Chief Financial Officer
Dated: October 31, 2017	By	/s/ JANA L. HAYNES
		JANA L. HAYNES
		Vice President and
		Controller

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