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

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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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