Hormel Foods, a food company, completed the acquisition of Texas-based Sadler's Smokehouse, a family-owned business that specializes in premium and authentic pit-smoked meats for retail and foodservice customers for £209m. "Hormel Foods has an excellent reputation as one of the best food companies in the world. We are excited for our employees and family knowing Hormel Foods will continue the Sadler family legacy," Harold J. Sadler, Sadler's Smokehouse Owner.