UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15 (d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)  January 3, 2013

 

HORMEL FOODS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

1 Hormel Place

Austin, MN 55912

(Address of Principal Executive Office)

 

Registrant’s telephone number, including area code:  (507) 437-5611

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Section 1 — REGISTRANT’S BUSINESS AND OPERATIONS

 

Item 1.01  Entry into a Material Definitive Agreement

 

On January 2, 2013, Hormel Foods Corporation (the Company) entered into a definitive agreement to acquire the Skippy® peanut butter business from Unilever United States Inc., of Englewood Cliffs, N.J.  The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States and other jurisdictions.

 

The purchase price is approximately $700 million.

 

The Company intends to file the definitive agreement with its next quarterly report on Form 10-Q.

 

Section 7 — REGULATION FD

 

Item 7.01 Regulation FD Disclosure

 

On January 3, 2013, the Company issued a press release announcing a definitive agreement to acquire the 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.

 

Section 9 — FINANCIAL STATEMENTS AND EXHIBITS

 

Item 9.01 Financial Statements and Exhibits

 

(d)       Exhibits furnished pursuant to Item 7.01

 

99       Press release issued January 3, 2013

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

		HORMEL FOODS CORPORATION
			(Registrant)
Dated: January 3, 2013		By	/s/J. H. FERAGEN
			J. H. FERAGEN
			Executive Vice President
			and Chief Financial Officer
Dated: January 3, 2013		By	/s/J. N. SHEEHAN
			J. N. SHEEHAN
			Vice President and Controller

 

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