The J.M. Smucker (SJM) acquires Hostess Brands to increase its presence. Management forms a new strategic business area to support its expanded brand portfolio.
The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today the closing of the transaction to acquire Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Brands"). The Company previously announced the signing of a definitive agreement for the transaction on September 11, 2023.
LENEXA, Kan., November 07, 2023--Hostess Brands, Inc. (NASDAQ: TWNK) (the "Company," "Hostess Brands," "we," "us," and "our") today reported its financial results for the three and nine months ended September 30, 2023.