Brandtree

Who owns Skippy?

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]

Evidence: Hormel Foods Corporation Annual Report on Form 10-K filed 2025-12-05, SEC EDGAR, 5 December 2025. Verified from filings; last checked .

Key facts

Current owner
Hormel Foods Corporation verified
Owned since
· deal details
Acquisition price
$700 million (enterprise value)
Previous owner
Unilever (2000–2013)
Owner HQ
🇺🇸 United States, Austin, Minnesota
Origin
🇺🇸 United States
Founded
1932
Category
Food › Condiments, sauces & seasonings › Sweet spreads & nut butters
Parent ticker
NYSE: HRL
Last verified
· 2 sources

About Skippy

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.

Annual report filedTimes Skippy is named
20251
20241
20233

Ownership timeline of Skippy

Owners of Skippy over 1932 to 2026 Unilever 2000–2013; Hormel Foods 2013–present Unilever Hormel Foods 19401960198020002020
  1. 2000 – 2013 Unilever [1] verified Came to Unilever with Bestfoods in 2000 and was sold to Hormel in 2013.
  2. 2013 – present Hormel Foods — acquired 31 January 2013 [1][2] verified

Where Skippy sits in Hormel Foods

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Skippy sits in Hormel Foods Tree of 8 brands under Hormel Foods. Hormel Foods Skippy Applegate Columbus Dinty Moore Jennie-O Planters and 2 more

Open the full Hormel Foods ownership tree →

See the full Hormel Foods brand portfolio (8) →

Other brands owned by Hormel Foods

Hormel Foods controls 8 brands on Brandtree, 8 of them in food.

Also in food

All Hormel Foods brands →

Other brands in sweet spreads & nut butters, and who owns them

The 36 brands in sweet spreads & nut butters on Brandtree belong to 25 owners. The largest is Halwani Bros, with 4.

BrandOwnerOwner based in
Halwani Brothers Halwani Bros 🇸🇦 Saudi Arabia
Hero Hero Group 🇨🇭 Switzerland
Maple Grove Farms B&G Foods 🇺🇸 United States
Bega Peanut Butter Bega 🇦🇺 Australia
Jif J.M. Smucker 🇺🇸 United States
Chocolion Patisen 🇸🇳 Senegal
Highland Sugarworks Rogers Sugar 🇨🇦 Canada
Matina Cevital Agro-Industrie 🇩🇿 Algeria

Every brand in sweet spreads & nut butters and its owner →

About the owner: Hormel Foods

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.

Hormel Foods: full profile, brands and acquisition history →

🇺🇸 Skippy and other American brands

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.

All American brands and who owns them →

Deals involving Skippy

Acquisition closed

Hormel Foods acquires Skippy

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.

Value
$700m
Seller
Unilever
Regulatory
None recorded

Frequently asked questions

Who is the parent company of Skippy?

The parent company of Skippy is Hormel Foods, a publicly listed company headquartered in the United States.

Is Skippy American?

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?

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?

Before Hormel Foods, Skippy was owned by Unilever from 2000 until 2013.

Is Skippy still owned by Hormel Foods?

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.

  1. [1] Hormel Foods Corporation Annual Report on Form 10-K filed 2025-12-05 — SEC EDGAR, SEC Form 10-K, published 5 December 2025; retrieved 23 October 2026.
  2. [2] Hormel Foods Corporation Form 8-K - acquisition of Applegate Farms — SEC EDGAR, SEC Form 8-K, published 13 July 2015; retrieved 16 September 2026.

Report a correction Opens a pre-filled GitHub issue. See our corrections policy.