Like the $620 million purchase by Starbucks Corp. (Nasdaq: SBUX) of Teavana Holdings Inc., which won our Deal of the Year award for 2012, the $700 million 2013 acquisition by Hormel Foods Corp. (NYSE: HRL) of the popular Skippy peanut butter brand from Unilever plc (NYSE: UL) brings the buyer into new territory - in more ways than one.

"The acquisition of the Skippy peanut butter business represents a significant opportunity for Hormel Foods," Hormel CEO Jeffrey Ettinger said when the deal was announced. "It allows us to grow our branded presence in the center of the store with a non-meat protein product and it reinforces our balanced portfolio."

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