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) December 30, 2002
HORMEL FOODS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-2402 |
| 41-0319970 |
(Commission File Number) |
| (IRS Employer Identification Number) |
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|
|
1 Hormel Place, Austin, Minnesota |
| 55912 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: (507) 437-5611
Item 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
Hormel Foods Corporation acquired the Diamond Crystal Brands business of Imperial Sugar Co. on Dec. 30, 2002. Diamond Crystal Brands packages and sells various sugar, sugar substitute, salt and pepper products, savory products, drink mixes and dessert mixes to retail and foodservice customers.
The Company effected this acquisition through the purchase of 100 percent of the outstanding stock of the Imperial Sugar subsidiaries operating the Diamond Crystal Brands business for a total of $115 million in cash.
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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 thereunto duly authorized.
| HORMEL FOODS CORPORATION | |||
| (Registrant) | |||
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Dated: | January 7, 2003 |
| By | /s/M. J. McCOY |
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| M. J. McCOY | ||
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| Executive Vice President | ||
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| and Chief Financial Officer | ||
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Dated: | January 7, 2003 |
| By | /s/J. N. SHEEHAN |
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| J. N. SHEEHAN | ||
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| Vice President and Controller | ||
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