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Hillshire Farm is an American brand of meat products marketed and owned by Hillshire Brands. The company was founded in 1934, and was purchased by Sara Lee Corporation in 1971. Friedrich (Fritz) Bernegger, (February 2, 1904 – April 30, 1988) born in Austria , started the business at the facility in New London, Wisconsin .
It was purchased by Sara Lee, which then divested as part of a unit known as Hillshire Brands, which was later purchased by Tyson Foods. Jimmy Dean's main products are chicken and pork sausage based breakfast items. The brand is known to have quick and simple meals that are easily cooked and microwavable.
The successor company, Hillshire Brands, re-located its headquarters from Downers Grove to Chicago in 2012. [20] In 2014, Hillshire, along with the Sara Lee operations, was acquired by Tyson Foods. [21] On June 1, 2018, Tyson announced that it would sell the Sara Lee, Van's, Chef Pierre and Bistro Collection brands to Kohlberg & Company. [22]
Hillshire Farm has recalled over 15,000 pounds of Smoked Sausage Made With Pork, Turkey, Beef over possible contamination with “extraneous materials,” or bone fragments.
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Hillshire Farms is a fine company, but salami and sausage aren't typically known as high-margin products. Let's look at the possible reasons that Tyson is ponying up so much for its fellow foodie ...
In June 2014, Tyson won the bidding war against Pilgrim's Pride, agreeing to buy the maker of Jimmy Dean sausage and Ball Park hot dogs for $8.5 billion. [26] On July 28, 2014, the company said it would sell its Mexican and Brazilian poultry businesses to JBS S.A. for $575 million and use the proceeds to pay down debt from its pending $7.7 ...
In May 2014, Hillshire Brands announced it was buying Pinnacle Foods for US$4.23 billion in a cash and stock deal. Pinnacle Foods brands include Birds Eye, Duncan Hines, Hungry-Man and Swanson frozen TV dinners, among many others. [6] Days later, Pilgrim's Pride threatened the deal with its own bid for Hillshire Brands for $6.4 billion. [7]