Hostess Brands

Hostess Brands to expand its portfolio. Photo: Hostess Brands

Hostess Brands to acquire Voortman for $320m

By Jenny Eagle

Hostess Brands, which owns Twinkies, has entered into an agreement to acquire Voortman from private-equity firm Swander Pace Capital, expected to be completed in January 2020.

Kellogg's cookie brands. Pic: Kellogg's

News in brief

Race for Kellogg’s cookie, fruit snacks businesses nearing the end

By Gill Hyslop

Twinkie-maker Hostess Brands and Ferrero are reportedly the frontrunners in the race to buy Kellogg’s Keebler, Famous Amos, Murray and Mother’s cookie businesses, as well Stretch Island fruit snacks business, in a roughly $1.5bn deal.

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