The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

viacaocidadesol.com.br

Stage

Acquired | Acquired

Valuation

$0000 

About Cidade do Sol

Cidade do Sol manufactures a range of processed meat products under the Ceratti brand.

Cidade do Sol Headquarter Location

1ª Travessa Professor Damião Vieira nº 160, Mandacaru

Jequie, 45210-148,

Brazil

0800 284 9900

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Cidade do Sol

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cidade do Sol is included in 1 Expert Collection, including Food & Beverage .

F

Food & Beverage

2,830 items

Latest Cidade do Sol News

Hormel Foods’ $104 million Acquisition of Cidade do Sol

Aug 31, 2017

TozziniFreire, Faegre Baker Daniels, Lilla, Huck, Otranto, Camargo and Souza, Cescon, Barrieu & Flesch advised on the deal Hormel Foods Corporation (NYSE: HRL) today announced it has acquired Cidade do Sol, a growing, branded, value-added meats company in Brazil. The company offers more than 70 products in 15 categories including authentic meats such as mortadella, sausage and salami for Brazilian retail and foodservice markets under the popular Ceratti® brand. The purchase price was approximately US$104 million, subject to customary working capital adjustments. Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. Present in homes of Brazilians for more than 80 years, the Ceratti® brand is one of the most traditional brands of cold cuts in the country, standing out for the unparalleled quality and incomparable flavor of its products. The company has more than 70 premium products, with various flavors which follow strict criteria for ingredient selection and production processes. Cidade do Sol complies with all the regulations required in Brazil, in addition to having a series of inspection procedures that ensure the quality of the products. TozziniFreire advised Hormel Foods International Corporation with Marcela W. Ejnisman (Picture), Jerry Levers de Abreu, Carla do Couto Hellu Battilana and Silvia Martins de Castro Cunha Zono. Faegre Baker Daniels LLP advised Hormel Foods International Corporation with George D. Martin and Mattew Kuhn. Lilla, Huck, Otranto, Camargo Advogados advised Grupo Ceratti with Fabio de Campos Lilla, Luís Gustavo Haddad, Daniela María Rosa Nascimento, Ana Carolina Barbuio Affonso and Diego Billi Falcão. Souza, Cescon, Barrieu & Flesch advised Grupo Ceratti with Maria Cristina Cescon, Flavia Anagnostopoulos, Vitor Stern and Mariana Barreiro.

  • Where is Cidade do Sol's headquarters?

    Cidade do Sol's headquarters is located at 1ª Travessa Professor Damião, Jequie.

  • What is Cidade do Sol's latest funding round?

    Cidade do Sol's latest funding round is Acquired.

  • Who are the investors of Cidade do Sol?

    Investors of Cidade do Sol include Hormel Foods Corporation.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.