Skol was initially created to be a global beer brand. Allied Breweries (UK), Labatt (Canada), Pripps-Bryggerierna (Sweden) and Unibra (Belgium) formed a new company called Skol International in 1964. Its aim was the creation of a world-wide beer brand, Skol, which could be licensed, manufactured and marketed across the world. In the late 1960s, it was heavily advertised on Radio Veronica as Skol International, with an advertising jingle sung by Patrica Paay, later a very successful Dutch pop singer and TV presenter. Since then participation in the company has changed significantly.

South Kansas and Oklahoma Railroad is a short line railroad which operates of rail lines in Kansas, Oklahoma and Missouri that used to belong to Missouri Pacific, Frisco and Santa Fe lines. SKOL is a unit of Watco Companies.