Lenexa, Kansas-based Hostess Brands Inc. has entered into an agreement with Orrville, Ohio-based The J.M. Smucker Co. to acquire Hostess Brands in a cash and stock transaction valued at $34.25 per Hostess Brands share, representing a transaction value of about $5.6 billion, including the assumption of debt. The transaction includes the Hostess Brands sweet baked […]
Category: Snacks Brands
Posted inMeat/Seafood/Poultry, Snacks Brands, Southwest
Southern Recipe Pork Rinds Celebrates Truck Driver Appreciation Week
In Dallas, Texas-based Southern Recipe’s Annual Truck Driver Appreciation Week campaign, the brand will support St. Christopher Truckers Relief Fund with a $7,500 donation, plus an additional $5,000 donation from Rudolph Foods going to the wellness programs. Throughout Truck Driver Appreciation Week, which is Sept. 10–16, drivers will be encouraged to sign up for free health screenings and services […]
Posted inExecutive News, National, Snacks Brands
Leadership Transition Coming To Kraft Heinz
The Kraft Heinz Co. has appointed Carlos Abrams-Rivera as CEO and a member of the board, effective Jan. 1. Abrams-Rivera will take over from Miguel Patricio, who has served as CEO since 2019 and chair of the board since 2022. Patricio will transition to the role of non-executive chair of the board. Until then, Abrams-Rivera […]
Posted inSnacks Brands, Bakery News, West
Campbell Expands Goldfish Production With Facility Investment
Campbell Soup Co. is investing about $160 million in its Richmond, Utah, manufacturing facility to expand production of Goldfish crackers to help meet increased consumer demand. The new line will increase the bakery’s output of Goldfish by 50 percent and produce more than five million Goldfish per hour or 1,500 Goldfish every second. The expansion […]
Posted inSnacks Brands, Feature, National
Mars Wrigley Using Insights, Innovation To Deliver For Consumers
Mars Wrigley is “consumer obsessed,” according to Mike Gilroy, VP of trade development and sponsorship. The company is “all about the consumer and delivering value and quality to the consumer.” Gilroy said if the 100-plus-year-old company is going to continue to be successful, it needs to “continue to listen to what the consumer is telling […]
Posted inSnacks Brands, Feature, National, Northeast
The Hershey Company Investing In Innovation
The Hershey Company has been building a “snacking powerhouse” over the last few years, featuring both sweet and salty options, and innovation will continue to be a focus for the company in 2024. Allison Mason, Hershey’s strategic communications manager, talked with The Griffin Report of the Northeast’s Maggie Kaeppel during the recent Sweets & Snacks […]
Posted inOrganic Natural, Snacks Brands, Southeast
Mars Welcomes Acquisition Of Kevin’s Natural Foods
McLean, Virginia-based Mars Inc. has completed the acquisition of Kevin’s Natural Foods. Kevin’s makes chef-inspired sous-vide meals, sides and sauces. Founded in 2019, it has experienced double-digit growth and is available in more than 17,000 retail locations. “This is an important milestone for Kevin’s Natural Foods, and I want to thank every colleague at Kevin’s […]
Posted inPackaging News, Northeast, Snacks Brands
Ithaca Hummus Introduces Clear Packaging Tubs
Rochester, New York-based Ithaca Hummus is updating its hummus and salsa packaging to better serve consumers and retailers. Rolling out in stores this fall, the Ithaca Salsa line will shift to clear tubs, allowing consumers to get a look at the dip’s ingredients prior to purchasing. According to the company, the decision to update the […]