Tagged: hormel foods

$700M Skippy Deal Gives Hormel a Boost in International Markets

by Associated Press 1/3/2013 11:12 am

Skippy, which is made in plants in Little Rock and China, is sold in about 30 countries and is the leading peanut butter brand in China, where Hormel has been trying to build up its Spam business for the past several years.

Unilever to Sell Skippy Brand, Including Little Rock Plant, in $700M Deal

by Lance Turner 1/3/2013 7:15 am

Unilever says that it has signed a definitive agreement to sell its global Skippy business to Hormel Foods for about $700 million. Skippy's Little Rock manufacturing plant, at 8201 Frazier Pike in Little Rock, is the only Skippy peanut butter plant left in the country.