With the acquisition of iconic snack cake maker Hostess Brands announced this morning, JM Smucker joins a growing list of packaged food companies padding their portfolios through acquisitions after several rounds of price hikes across categories begin...
Hostess Brands Inc is purportedly exploring a sale after fielding takeover interest from major snack producers, including PepsiCo, Mondelez, General Mills and Hershey.
The North American sweet snacks giant rewarded nearly 2,000 bakery and distribution centre employees for their hard work to get products out during the pandemic.