Swander Pace Capital completes sale of Voortman to Hostess Brands
Swander Pace Capital, a private equity firm focused on consumer products companies, has announced that it has completed the previously announced sale of Voortman Cookies Limited to Hostess Brands, Inc. in a transaction valued at approximately $320 million (C$425 million) in cash.
Founded in 1951 by brothers William and Harry Voortman and headquartered in Burlington, Ontario, Voortman is a leading manufacturer of premium, branded wafers as well as sugar-free and specialty cookies with distribution throughout North America and across the world.