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Unilever completes sale of Skippy business outside of China
date:Feb 01, 2013
part of Hormel Foods' strategy to expand its lunchtime offerings in the US and accelerate growth in China.

Skippy peanut butter brand was introduced in 1932 and its portfolio comprises 11 varieties of peanut butter products. It is a leading brand in China and is sold in more than 30 countries across the globe with annual sales of about $370m, of which about $100m are from outside the US.

Hormel Foods manufactures luncheon meat products under Chi-Chi's, Dinty Moore, Farmer John, Herdez, Jennie-

12/21 21:50