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Hostess Brands Inc. has selected affiliates of Apollo Global Management, LLC and Metropoulos & Co. as the “stalking horse” bidder for the majority of the assets of its snack cake business, which includes both Hostess and Dolly Madison branded products, including the iconic Twinkies brand.
McKee Food, Collegedale, Tenn., reportedly will offer Hostess Brands Inc. approximately $27 million for its Drake’s brand, a maker of snack cakes.
Members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union employed at Hostess Brands locations across the country began to strike on Nov. 9. The Texas-based company says a widespread strike could cause it to liquidate.
On-Demand: SQF 2000, FSMA, ISO 22000/PAS220 and other standards continue to gain traction in an attempt to create safer foods and beverages.
Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings. The title is a 'must-have' for everyone working within the food industry.
With access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.
Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.
