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Hormel Foods Corp to Acquire Iconic Skippy Peanut Butter Line


Thursday, 3 Jan 2013 07:30am EST 

Hormel Foods Corp announced that it has entered into a definitive agreement to acquire the Skippy peanut butter business from Unilever United States Inc of Englewood Cliffs, N.J. Barclays is serving as exclusive financial advisor to Hormel Foods in connection with this transaction. The Skippy peanut butter domestic line consists of 11 varieties of shelf-stable peanut butter products. Financial terms of the transaction were not disclosed. 

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48.25
0.24 +0.50%
22 Jul 2014