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.
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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.
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The parent company of Skippy is Hormel Foods, a publicly listed company headquartered in the United States.
Yes. Skippy originated in the United States in 1932 and its owner, Hormel Foods, is also headquartered in the United States.
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).
Before Hormel Foods, Skippy was owned by Unilever from 2000 until 2013.
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.
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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