You got Spam in my peanut butter!
January 3rd, 2013
11:00 AM ET
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Hormel Foods, the maker of Spam luncheon meat, is paying $700 million to buy the Skippy peanut butter brand from consumer products maker Unilever, the companies announced Thursday.

Hormel said Skippy has annual sales of $370 million, nearly $100 million of which comes from outside the United States. Skippy, which was first introduced in 1932, is the leading brand of peanut butter in China and the No. 2 peanut butter brand overall, behind only Jif, which is owned by J.M. Smucker.

The sale includes Skippy factories in Little Rock, Ark., and Shandong Province in China.

Read - Spam maker buys Skippy peanut butter

soundoff (5 Responses)
  1. happy horndog

    Well, spam isn't real meat, and most peanut butters aren't exactly real peanut butter since they seem to be heavily oil, so I suppose it's a perfect wedding.

    January 5, 2013 at 11:02 pm |

    I'm not seriously great with English but I come up this incredibly easy to translate.

    January 5, 2013 at 6:17 am |
  3. Truth™

    What if I don't like Spam...

    January 3, 2013 at 11:09 am |
    • AleeD®@Turth™

      If you don't like Skippy either, then it's the perfect pairing.

      January 3, 2013 at 12:02 pm |
      • Turth™@AleeD

        Maybe I should get the Spam, Eggs, Sausage and Spam, since it only has a little Spam...

        January 3, 2013 at 12:45 pm |
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