Focus: Hormel's acquisition of Skippy
By Katy Askew | 4 January 2013
The sale of Unilever's Skippy business was confirmed yesterday (3 January) when it was announced that the iconic peanut butter brand would find a new home with Hormel Foods. While Hormel clearly has big plans for Skippy, Unilever will be hoping that an increased focus will benefit its food portfolio. In part one of our two-part analysts, Katy Askew looks at how Hormel hopes the deal will benefit its bottom line.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The sale of Unilever's Skippy business was confirmed yesterday (3 January) when it was announced that the iconic peanut butter brand would find a new home with Hormel Foods. While Hormel clearly has big plans for Skippy, Unilever will be hoping that an increased focus will benefit its food portfolio. In part one of our two-part analysts, Katy Askew looks at how Hormel hopes the deal will benefit its bottom line.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
The week ahead - M&S, Dairy Crest FYs, Hormel Foods H1s
UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street, are all set to announce annual results next week. In the US, Spam owner Hormel Foods will post its half-year results.
SWITZ/ASIA: Hormel signs DKSH for Asian sales, distribution
US food group Hormel Foods has enlisted DKSH, the import, sales and marketing agency in Asia, to help expand it in the region.
HOFEX: Taywell looks to China, Gulf for premium ice cream opportunity
Taywell Ice Creams is hoping to cater to affluent consumers in China and the Gulf as it seeks out premium markets for its ice creams.
Market research related to this article
Unilever Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report
Datamonitor's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage....
Unilever PLC (ULVR) - Financial and Strategic SWOT Analysis Review
Unilever PLC is the world's leading supplier of fast moving consumer goods. The company offers products to cater consumer needs for nutrition, hygiene and personal care. Unilever's portfolio consists of household care, laundry products, deodorants, h...
Hindustan Unilever Limited (HINDUNILVR) - Financial and Strategic SWOT Analysis Review
Hindustan Unilever Limited (HUL) is one of the largest fast moving consumer goods company in India. The company, a subsidiary of Unilever, sells Foods and Home and Personal Care brands in various countries worldwide. The company, along with its subsi...
