Skippy is owned by Hormel Foods (the United States, NYSE: HRL), which acquired the brand on 31 January 2013 for $700 million 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.
How often Hormel Foods names Skippy in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named less often than it was three years earlier.
Hormel Foods is a publicly listed company headquartered in Austin, Minnesota, United States, founded in 1891. Brandtree records 8 brands under its control, and it is listed as NYSE: HRL.
Hormel Foods was founded in Austin, Minnesota in 1891 as a pork processor and is best known for Spam, which it invented in 1937. The Hormel Foundation holds a controlling block of shares, an arrangement set up to keep the company independent and headquartered in its home town.
Brandtree records a controlling owner for 2,549 brands that began in the United States.
478 of them (19%) are now controlled by a company headquartered in another country; Skippy is not one of them.
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.
The parent company of Skippy is Hormel Foods, a publicly listed company headquartered in the United States.
Is Skippy American?
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Yes. Skippy originated in the United States in 1932 and its owner, Hormel Foods, is also headquartered in the United States.
When did Hormel Foods buy Skippy?
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Hormel Foods completed its acquisition of Skippy on 31 January 2013, after announcing the deal on 3 January 2013. The deal was valued at $700 million (enterprise value).
Who owned Skippy before Hormel Foods?
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Before Hormel Foods, Skippy was owned by Unilever from 2000 until 2013.
Is Skippy still owned by Hormel Foods?
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Yes. As of 16 September 2026, Skippy is still owned by Hormel Foods. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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