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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 .
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Hillshire Farm ® Brand Serves up the Premium Quality of Angus Beef with Three New Smoked Sausage Offerings, Launching This Spring New Line of Premium, Pre-Seasoned and Pre-Cooked Angus Beef ...
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]
It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. [3] Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue. [4]
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.
The company was acquired in 1968 by Sara Lee Corporation, now Hillshire Brands which was later acquired by Tyson Foods, Inc. Its headquarters was originally in West Point, and then Cincinnati, Ohio, before moving to Downers Grove, Illinois. Bryan Foods products are primarily available for sale in the Southern United States. [1]