Hormel Foods closes acquisition of U.S. skippy peanut butter business
date:Feb 04, 2013
nt household penetration and is the second most popular sandwich behind ham in the United States.

Internationally, Skippy peanut butter is the leading brand in China and is sold in more than 30 other countries on five continents.

On Jan. 3, the two companies announced the global deal for approximately $700 million, including the Skippy trademarks and two manufacturing facilities (in U.S. and China).
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