Hostess Brands LLC
Hostess Brands LLC is a US-based bakery business. Founded after the liquidation of the original company in 2012 it was re-launched in 2013. Hostess Brands is majority owned by US private-equity firms Metropoulos & Co. and Apollo Global Management but is set to be majority-owned by another, US private-equity firm The Gores Group, after a deal this summer. The head office for Hostess Brands is located in Kansas City, Missouri, USA.
The private-equity owners of Hostess Brands are, according to reports, mulling a sale, just a year after buying the US snacks business. Ther...
Shares in US bakery group Flowers Foods sank yesterday after it cut its earnings forecast for 2014 - but the company immediately sought to s...
Hostess Brands, the maker of treats including Twinkies and HoHos, reported higher sales and earnings for the first nine months of the year thanks to expanded distribution and product launches.
Deep Fried Twinkies are being launched this week at Walmart stores in the US as Hostess Brands makes its first move into frozen food.
Hostess Brands LLC has said expanded product lines, new acquistions and product innovation will form part of its blueprint for strategic growth as the US baked goods group forges ahead under new ownership following a deal announced yesterday (5 July).
Hostess Brands LLC, the maker of the iconic Twinkies and Ho Hos, said today (5 July) it had entered into a definitive agreement to sell a majority stake in the company to a publicly-traded affiliate of investment firm the Gores Group for around US$725m.
Hostess Brands has bought US-based in-store bakery company Superior Cake Products, the company's first acquisition since returning to the market under new ownership three years ago.
Egypt-based baked goods manufacturer Edita Food Industries has reported lower first-quarter sales and profits.
Innovative Bites, the UK-based American food wholesaler, has acquired UK confectioner Bonds of London in a deal that will double the firm's turnover.
Hostess Brands LLC is reportedly in talks to acquire Canada's Give and Go Prepared Foods, from its owner Omers Private Equity.
Edita Food Industries, the Egypt-based bakery group, is to set up a new manufacturing facility as it prepares to produce Hostess Brands LLC lines for more markets in the Middle East.
PepsiCo issued its second-quarter results this week - and upped its annual earnings forecast. The company's shares fell, amid concerns the second half of the year will prove more challenging. Under-pressure US group Boulder Brands, fresh from the departure of its CEO, announced restructuring plans likely to lead to 15% of jobs being cut. French dairy group Sodiaal announced another move in China, while we analysed the impact Russia's import restrictions have had on domestic companies.
The owners of Hostess Brands LLC, Metropoulos & Co and Apollo Global Management, have insisted they are not considering selling or listing the business "at this time".
US snack cake maker Hostess Brands LLC has announced the retirement of its vice chairman Rich Seban.
Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.
Fresh speculation over the future ownership of US snacks group and Twinkies maker Hostess Brands LLC has emerged, with new claims its private-equity backers are lining up a sale.
The EUR2.6bn sale of European frozen food giant and Birds Eye owner Iglo Group grabbed the headlines this week - and we looked at where the new owners - Nomad Holdings - could look next. Blue Bell Creameries, the US ice cream maker linked to a fatal listeria outbreak, was in the spotlight for very different reasons, pulling all its products from the market after fresh tests.
Egypt-based bakery group Edita Food Industries has expanded its ownership of Hostess Brands LLC's HoHo's, Twinkies and Tiger Tail brands to 12 additional Middle Eastern and North African markets.
The private-equity owners of Hostess Brands are reportedly mulling the sale of the US snack maker, just a year after buying the Twinkies owner.
Hostess Brands LLC, the US baker, has launched a selection of baked goods, designed to target the "all-day snackers".
Hostess Brands is to close a plant in Illinois as the rejuvenated US cake maker seeks to drive efficiency in the face of fierce competition.
US baker Hostess Brands LLC is reintroducing Chocodile Twinkies, with a national roll-out planned to start this week.
US snack maker Hostess Brands LLC has named former AdvancePierre Foods CEO Bill Toler as its new CEO.
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