Content about Skippy

February 1, 2013

Unilever has mostly completed its sale of the Skippy peanut butter brand to Hormel Foods, the company said.

ENGLEWOOD CLIFFS, N.J. — Unilever has mostly completed its sale of the Skippy peanut butter brand to Hormel Foods, the company said Friday.

The conglomerate said it had completed the $700 million sale of the global business, except for China, where it remains subject to regulatory approval and is expected to close later this year.

The two companies announced the deal on Jan. 3, including the brand's trademarks and two factories, in the United States and China.

January 4, 2013

Hormel Foods announced it has entered into a definitive agreement to acquire the Skippy peanut butter business from Unilever United States, of Englewood Cliffs, N.J.

AUSTIN, Minn. — Hormel Foods announced it has entered into a definitive agreement to acquire the Skippy peanut butter business from Unilever United States, of Englewood Cliffs, N.J.

The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States and other jurisdictions.

September 5, 2012

A peanut butter brand has introduced a new product than touts one-third less sodium and sugar than its staple creamy peanut butter product.

ENGLEWOOD CLIFFS, N.J. — A peanut butter brand has introduced a new product than touts one-third less sodium and sugar than its staple creamy peanut butter product.

Skippy Natural Creamy with 1/3 less sodium and sugar is the first natural peanut butter variety available nationwide in the growing low-sodium and low-sugar segment of the peanut butter category, according to the company.

New Skippy Natural Creamy with 1/3 less sodium and sugar is available in 15-oz. jars at stores nationwide.