Hot on the heels of the announcement that it is acquiring Hostess Brands, the JM Smucker Company said it is divesting the Seattle-based nut and trail mix producer under a focused ‘portfolio and resource optimisation’ plan to support continued growth.
With the acquisition of iconic snack cake maker Hostess Brands announced this morning, JM Smucker joins a growing list of packaged food companies padding their portfolios through acquisitions after several rounds of price hikes across categories begin...
Hostess Brands Inc is purportedly exploring a sale after fielding takeover interest from major snack producers, including PepsiCo, Mondelez, General Mills and Hershey.
The North American sweet snacks giant rewarded nearly 2,000 bakery and distribution centre employees for their hard work to get products out during the pandemic.
We’ve scoured the four corners of the earth to bring you an exciting and exotic selection of treats – from South Korean, Kellogg’s has released a green onion-flavoured Chex cereal, Jammie Dodgers are again available in vegan variants in the UK and, across...
Andy Jacobs, executive vice president and chief operating officer of Hostess Brands, talks trends and how the company is set to disrupt the breakfast category with new product launches.
Hostess Brands could see global expansion of Twinkies, Donnettes et al. and an extremely strong bakery player emerge if a buyout transpires, analysts say.
Flowers Foods is open-minded on the lookout for future acquisition opportunities and is committed to driving its portfolio into new US markets, its CEO says.
Flowers Foods will ignite growth in new markets and pick up lost volumes with its newly acquired ex-Hostess brand Wonder – a product its president and CEO describes as a ‘powerhouse’ brand.
Flowers Foods remains confident in the strength of its Tastykake business a month after Hostess re-entered the market with the infamous Twinkie et al., its CEO says.
Hostess Brands may develop new cake lines with added fiber, wholegrain or even gluten-free variants and it's not afraid of competition, its president says.
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) says its members should be a part of the newly launched Hostess Brands business given their expertise.
Georgia-based Flowers Foods has received the regulatory seal of approval for its $360m deal to acquire several bread brands and other assets from the business formerly known as Hostess Brands.
United States Bakery has won the auction for the Sweetheart, Eddy’s, Standish Farms and Grandma Emilie’s brands as part of the sell off of chunks of the Hostess Brands empire.
It’s too early to say when Devil Dogs and Ring Dings will be back on shelves, but they - and other brands in the Drake’s snack cake portfolio - will likely be produced in plants in Collegedale, Tennessee and Stuarts Draft, Virginia, says new owner McKee...
While Hostess Brands has placed the blame for its demise squarely on the shoulders of the Baker’s union, its boss says his members rejected the company’s final collective bargaining offer last year because they were convinced it had become "fatally...
Kettle Chips maker Diamond Foods has recorded a $10.7m loss in the first quarter of 2013 after incurring expenses for an investigation into improper payments to walnut growers.
The $1.75m in bonuses to be shared by bosses at Hostess Brands should they meet targets relating to the sell-off of its assets are “below market rates” and “completely routine”, says the now-defunct maker of Twinkies and Ding Dongs.
It was a fascinating month for the US food and beverage industry, with California rejecting Prop 37, ConAgra Foods finally agreeing a deal to acquire Ralcorp, Hostess Brands throwing in the towel, and FDA exercising its FSMA muscle.
The nearly extinct Twinkie has received a scurry of free publicity over the past two weeks and the saga may just lead to Wonder Bread t-shirts and Twinkie imitations coming out of the woodwork, an analyst says.
Twinkies and Wonder Bread maker Hostess Brands has today filed a motion with the US Bankruptcy Court for permission to close the business and sell all assets.
Twinkies and Ding Dongs maker Hostess Brands says that if employees on strike are not back at work by 5pm EST today, it will move to liquidate the company.
A union leader representing about 7,500 Hostess Brands workers has said he has zero confidence that the company will come to an agreement over workers’ pensions, ahead of a bankruptcy court hearing on Tuesday.
Beleaguered Twinkies and Wonder Bread maker Hostess Brands has appointed Gregory Rayburn as CEO to lead it out of Chapter 11 bankruptcy, replacing Brian Driscoll, whose resignation was effective on Friday.
A major bakery workers union has hit out against Hostess Brands for its assertion that pensions obligations were a principal reason for its Chapter 11 bankruptcy filing, blaming 'ineffective executives' instead.
Wonder bread and Twinkies maker Hostess Brands has filed for Chapter 11 bankruptcy to allow it to restructure, but does not expect to stop producing or delivering any of its products during the process, the company said on Wednesday.