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Hostess Brands
Hostess Brands is an American-based bakery company formed in 2013. It owns several bakeries in the United States that produce snack cakes under the Hostess and Dolly Madison brand names and its Canadian subsidiary, Voortman Cookies Limited, produces wafers and cookies under the Voortman brand name. It is headquartered in Lenexa within Johnson County, Kansas. Its main operating subsidiaries are Hostess Brands, LLC, and Voortman Cookies Limited. History The Hostess Brands company formed in June 2013, having started as a venture by Apollo Global Management and C. Dean Metropoulos and Company, to acquire assets from Old HB, the company formerly known as Interstate Bakeries and Hostess Brands Inc. Apollo and Metropoulos purchased certain cake business assets of Old HB – which had filed for Chapter 11 bankruptcy and bankruptcy liquidation – through the bankruptcy court, ultimately assuming the name, branding and much of the product line of the former Hostess Brands. These assets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Publicly Held Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), in Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Gores Group
The Gores Group is a private equity firm specializing in acquiring and partnering with mature and growing businesses. The company was founded in 1987 by its CEO and chairman, Alec Gores, Alec E. Gores. Headquartered in Los Angeles, California, with an office in Boulder, Colorado, and is investing from Gores Capital Partners III, L.P. and Gores Small Capitalization Partners, L.P., which have approximately $1.5 billion and $300 million in capital commitments, respectively. Since 1987, Gores has successfully acquired and operated more than 80 companies. The company's portfolio as of 2021, includes technology, telecommunications, business services, industrial, media and entertainment and consumer products companies. History In 1978, Alec Gores founded Executive Business Systems, a hardware and software distributor, which he sold eight years later to establish what has become the Gores Group today. Gores closed its first Institutional investor, institutional private equity fund, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sno Balls
Sno Balls are cream-filled chocolate cakes covered with marshmallow frosting and coconut flakes formerly produced and distributed by Hostess and currently owned by private equity firms Apollo Global Management and Metropoulos & Co. Sno Balls are usually pink; however, they are also available in chocolate, lemon, white, green, blue and other colors for specific holidays and times of year. They come in packages of two and are sold at many convenience and grocery stores in the United States. A similar cake produced by Tunnock's, called a "Snowball", is often sold at supermarkets in the United Kingdom; these cakes are typically covered in desiccated coconut, but are typically brown rather than pink, because they may have chocolate on their outside. History Sno Balls were first introduced in 1947. Hostess attributes their initial popularity to Americans being released from the flour and sugar rationing during World War II. Originally, the cakes were colored white and lacked the cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chocodile Twinkie
Chocodile Twinkies are a confection created by the Hostess Brands company. The confection was known only as Chocodiles prior to 2014. The package describes the snack cake as a "chocolate coated sponge cake with creamy filling." The Chocodile is Twinkie-shaped and sold in packages of two. History The Chocodiles mascot was formerly Chauncey Chocodile, but Hostess has removed him from packaging and their website in recent years. Since the late 1990s, Chocodiles have no longer been sold on the East Coast of the United States. Hostess had only a few West Coast factories making them, and to ensure the products' freshness, Chocodiles were sold only on the West Coast. There has been debate over whether a Chocodile is a chocolate-covered Twinkie. The debate arose from the seeming "texture difference" between the Twinkie and the Chocodile. During a taste test and debate in Vacaville, California, opinions were split among those taking the test as to whether the taste of the cake was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ho Hos
Ho Hos are small, cylindrical, frosted, cream-filled chocolate snack cakes with a pinwheel design based on the Swiss roll. Made by Hostess Brands, they are similar to Yodels by Drake's and Swiss Cake Rolls by Little Debbie. Sold two or three per package, they contain about 120 calories per roll. The product is also produced in Canada by Vachon Inc., which holds its Canadian rights, but they are marketed as Chocolate Swiss Rolls. History A San Francisco bakery created the first Ho Hos in 1967. Happy Ho Ho was created in the 1970s and was the original cartoon mascot for Ho Hos. The mascot appeared on the boxes, ads, and television commercials for many years before he was discontinued. The character wore an outfit similar to that of Robin Hood, including a feathered cap. Additional varieties A nut-covered version named Nutty Ho Hos was introduced in 1989, along with a promotional search for "the country's nuttiest celebrity laugh" which was awarded to comedian Eddie Murphy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ding Dong
A Ding Dong is a chocolate cake produced and distributed in the United States by Hostess Brands and in Canada from Vachon Inc. under the name King Dons; in some U.S. markets, it was previously known as Big Wheels. The Ding Dong has been produced since 1967, with the exception of a brief period in 2013. It is round with a flat top and bottom, close to three inches in diameter and slightly taller than an inch, similar in shape and size to a hockey puck. A white creamy filling is injected into the center and a thin coating of chocolate glaze covers the cake. The Ding Dong was originally wrapped in a square of thin aluminum foil, enabling it to be carried in lunches without melting the chocolate glaze. History and naming The Ding Dong is similar to other cream-filled cakes such as Arcade Vachon's Jos. Louis introduced before 1934. Hostess began marketing its Ding Dong in 1967. The name was given to coincide with a television ad campaign featuring a ringing bell. Hostess went out ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hostess CupCake
Hostess CupCake is an American brand of snack cake produced and distributed by Hostess Brands and currently owned by private equity firms Apollo Global Management and C. Dean Metropoulos & Company. Its most common form is a chocolate cupcake with chocolate icing and vanilla creme filling, with eight distinctive white squiggles across the top. However, other flavors have been available at times. It has been claimed to be the first commercially produced cupcake and has become an iconic American brand. History The Hostess CupCake was first sold on May 10, 1919. According to author Andrew F. Smith, it was the first commercially produced cupcake, originally produced by the Taggart Bakery as the Chocolate Cup Cake. Hostess has also claimed that it was "the first snack cake ever introduced to the market." In 2004, rival Tastykake disputed this claim, claiming that Tastykake introduced the first snack cake. Originally, two cupcakes were sold for five cents. Different flavors were off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aryzta
ARYZTA AG is a food business based in Zurich with operations in Europe, Asia, Australia and New Zealand. It is incorporated in Switzerland and is listed on the SIX Swiss Exchange (the Zurich Stock Exchange). It discontinued its listing on Euronext Dublin on 1 March 2021. The group is a major supplier in the specialty frozen bakery sector, and is a global supplier of baked goods to the food service, retail and quick service restaurant sectors. History The company was founded as the Irish Co-Operative Agricultural Agency Society in January 1897 and renamed the Irish Agricultural Wholesale Society ('IAWS') in December 1897. It was first listed on the Irish Stock Exchange in 1988 and for most of the 1990s the company was managed by Philip Lynch, first as chief executive officer and later chairman. It bought Shamrock Foods in 1989, R&H Hall in 1990 and Cuisine de France in 1997. It went on to buy Delice de France in 1999, La Brea Bakery in 2001, Groupe Hubert in 2005 and Otis Spunkm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cloverhill Bakery
Cloverhill Bakery is a producer of baked goods primarily sold through vending machines throughout North America. It also produces the buns used by McDonald's. Cloverhill was founded in Chicago, Illinois, in 1961 as a small family owned vending company that hand-packed pastries. In 1977 the bakery expanded their facilities and implemented an automated Danish baking system. In 2011 Cloverhill opened an additional facility in Cicero, IllinoisCloverhill was acquired by Aryzta in 2014. In 2017, an ICE immigration raid on its Chicago facility resulted in the removal 800 workers who were found to be hired and employed without legal documentation. On February 1, 2018, Aryzta announced that it had sold the Big Texas and Cloverhill brands to Hostess Brands. Product lines Their products include Danish pastries, cinnamon rolls, crumb cakes, cake doughnuts and honey buns each wrapped for individual sale. Cloverhill Bakery baked goods are also sold through supermarkets, warehouse clubs and conve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Twinkie
A Twinkie is an American snack cake, described as "golden sponge cake with a creamy filling". It was formerly made and distributed by Hostess Brands. The brand is currently owned by Hostess Brands, Inc. (), having been formerly owned by private equity firms Apollo Global Management and C. Dean Metropoulos and Company as the second incarnation of Hostess Brands. During bankruptcy proceedings, Twinkie production was suspended on November 15, 2012 and resumed after an absence of a few months from American store shelves, becoming available again nationwide on July 15, 2013. Grupo Bimbo's Vachon Inc., which owns the Canadian rights to the product and made them during their absence from the U.S. market, produces Twinkies in Canada at a bakery in Montreal. They are made in Emporia, Kansas in the U.S. Twinkies are also available in Mexican stores as "Submarinos" made by Marinela, and as "Tuinky" made by Wonder; both Marinela and Wonder are also subsidiaries of Mexican bread company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ticker Symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) representing specific assets or securities listed on a stock exchange or traded publicly. A stock symbol may consist of letters, numbers, or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker tape of a ticker tape machine. Interpreting the symbol Stock symbols are unique identifiers assigned to each security traded on a particular market. A stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, and to make it easy to recognize by traders and investors. The allocation of symbols and formatting conventions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, neg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
