Industry News

Potential buyers line up for Hostess

Regional, national and international companies are showing an interest in purchasing Hostess Brands, says a company spokesperson. International companies have also expressed interest in licensing the brands overseas.

Interested parties had until Dec. 10 to submit bids for all or part of the shuttered company. Euromonitor International analyst Matthew Hudak says the company's iconic brands could do well in countries where "there has been a movement towards pre-packaged foods due to safety concerns."

More information is available at www.foodnavigator-usa.com.

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