Hormel Foods Corporation (NYSE:HRL) will look for acquisitions. James Snee, Chairman of the Board, President and Chief Executive Officer said, “As we've been saying for some time, we've been ready for a larger acquisition, and we were able to accomplish that with Planters. Right now, we're focused on integrating Planters, which has allowed us to effectively operate the business with limited interruptions. However, we haven't stopped looking for other companies that would fit into key strategic areas such as foodservice and international. We continue to evaluate a pipeline of acquisition targets, potential joint ventures and early-stage investments. Acquisitions are a key part of our strategy. And even as we search for the next perfect fit into Hormel Foods, we will not compromise our financial discipline”.