In a brief statement yesterday (29 June), Hormel Foods said it wants to "focus its international strategy on markets with the strongest long-term growth opportunities". Just Food has asked which markets those are. Hormel, which owns brands including Skippy and Spam, took control of Ceratti in 2017 through its purchase of Brazilian packaged meats company Cidade do Sol. When reporting its financial results, Hormel divides its business into three segments: retail, foodservice and international. In the year to ...