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
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.
I'm not seriously great with English but I come up this incredibly easy to translate.
What if I don't like Spam...
If you don't like Skippy either, then it's the perfect pairing.
Maybe I should get the Spam, Eggs, Sausage and Spam, since it only has a little Spam...
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