Item 2.01 Completion of Acquisition or Disposition of Assets

On January 31, 2013, Hormel Foods Corporation (the Company) completed the previously announced acquisition of the United States based Skippy® peanut butter business from Unilever United States Inc., of Englewood Cliffs, N.J. This closing includes the Little Rock, Arkansas manufacturing facility and all sales worldwide, except sales in China. The Company expects to close the acquisition of the China based Skippy® peanut butter business by the end of its fiscal year 2013.

The purchase price is approximately $700 million.

Item 7.01 Regulation FD Disclosure

On January 31, 2013, the Company issued a press release announcing the closing of the acquisition of the United States based Skippy® peanut butter business. A copy of the press release is furnished as Exhibit 99 to this Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits furnished pursuant to Item 7.01

99 Press release issued January 31, 2013

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