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Skippy is an American brand of peanut butter manufactured in the United States and China. First sold in 1932, [1] Skippy is currently manufactured by Hormel Foods, [2] which bought the brand from Unilever in 2013. [3]
In 2013, Hormel Foods purchased Skippy—the best-selling brand of peanut butter in China and the second-best-selling brand in the world—from Unilever for $700 million; the sale included Skippy's American and Chinese factories. [40]
On Thursday, Hormel Foods announced it has signed a definitive agreement to buy Unilever's Skippy peanut butter business, the No. 2 U.S. branded peanut butter and the No. 1 peanut butter brand in ...
Hormel Foods to Acquire Iconic Skippy ® Peanut Butter Line Accretion Expected: Enhances the Company's Balanced Business Model AUSTIN, Minn.--(BUSINESS WIRE)-- Hormel Foods Corporation (NYS: HRL ...
Unilever PLC (NYSE: UL) is reportedly in search of a buyer for its North American peanut butter brand Skippy. The consumer goods giant has hired Lazard Ltd. (NYSE: LAZ) to help conduct the sale ...
In 1955, Best Foods acquired Rosefield Packing Co., makers of Skippy peanut butter. In 1958 Best Foods was bought by Corn Products Refining Company to form Corn Products Company, which in 1969 became CPC International Inc. Hellmann's mayonnaise arrived in the United Kingdom in 1961 and by the late 1980s had over 50% market share. [7]
Jif production plant in Lexington, Kentucky. The original Creamy and Crunchy style Jif peanut butters both made their nationwide debut in 1958. In 1974, Extra Crunchy Jif was introduced, followed in 1991 by Simply Jif, a peanut butter variant with low sodium and less sugar than regular Jif.
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