Skippy is owned by Hormel Foods (the United States, NYSE: HRL), which acquired the brand on 31 January 2013 from Unilever.[1][2] Before Hormel Foods, Skippy was owned by Unilever from 2000 to 2013.[1]
Skippy is the second-largest peanut butter brand in the United States, launched in 1932 and known for introducing wide-mouth jars and, later, natural varieties. Hormel acquired it from Unilever in 2013 for $700 million.
Ownership timeline of Skippy
2000 – 2013Unilever[1]verifiedCame to Unilever with Bestfoods in 2000 and was sold to Hormel in 2013.
Hormel acquired Skippy from Unilever for about $700 million, buying the second largest peanut butter brand in the United States. Unilever had held it since taking over Bestfoods in 2000 and was narrowing its food portfolio; Hormel was broadening beyond tinned meat.